Good Evening, Unexpected and out of the blue the bulls broke through the bears line and the route was on. There is a reason that we are disciplined in our system. When others were pressured to sell in recent days we held firm as our charts failed to produce any sell signals. They were indeed getting close, but as they say, close don’t get you a cigar. However, being disciplined and holding the line does. We were rewarded for our discipline today when the major indices gained back the majority of what they lost in the past four days in just one session. Enough said!
The days rally left us with the following results: Our TSP allotment gained a whopping +1.48%. For comparison, the Dow added +1.33%, the Nasdaq 1.25%, and the S&P 500 +1.20%. Praise God for guiding us to another great day!
Wall Street climbs on tech, financials gains, optimism on Greece
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Sell. We are currently invested at 29/C, 37/S, 34/I. Our allocation is now +4.64% on the year. Here are the latest posted results:
06/10/15 | |||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 14.7402 | 16.7001 | 28.0405 | 38.6612 | 26.4691 |
$ Change | 0.0009 | -0.0500 | 0.3355 | 0.4385 | 0.4811 |
% Change day | +0.01% | -0.30% | +1.21% | +1.15% | +1.85% |
% Change week | +0.03% | -0.37% | +0.62% | +0.21% | +1.47% |
% Change month | +0.06% | -1.72% | -0.03% | +0.76% | -0.27% |
% Change year | +0.85% | -0.60% | +3.22% | +6.52% | +9.29% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 17.7409 | 23.6303 | 25.7759 | 27.5385 | 15.6992 |
$ Change | 0.0457 | 0.1613 | 0.2269 | 0.2778 | 0.1813 |
% Change day | +0.26% | +0.69% | +0.89% | +1.02% | +1.17% |
% Change week | +0.15% | +0.40% | +0.50% | +0.56% | +0.65% |
% Change month | -0.05% | -0.05% | -0.05% | -0.04% | -0.02% |
% Change year | +1.66% | +3.19% | +3.91% | +4.40% | +4.95% |
Lets take a look at the charts: (All signals annotated with Green Circles)
C Fund: Price reclaimed it’s 20 EMA and the Williams %R reversed in dramatic fashion.
S Fund: Price reclaimed it’s 20 EMA. The PMO bottomed and the Williams %R made a strong reversal.
I Fund:Price reclaimed it’s 50 EMA so there will be no sell signal for now! The Williams %R turned back up into a positive configuration signaling that there may be more short term upside.
F Fund: The F Fund and bonds continue to drop with all indicators in a free fall. Eventually, there will be an opportunity in bonds, but this correction must first run it’s coarse.
Our charts kept us in the game for another day. We’ll see if we can get a little follow through tomorrow. That’s all for tonight. Keep praying! He was with us today. Have a nice evening.
