Good Evening,
The S&P briefly crossed the 2000 level for an inter-day record and then pulled back a little to close out at 1997.92. What’s good about that is that with God’s guidance TSP is fully invested in equities! AMP made a very small gain with its defensive allocation, but it is doing a great job of hanging on to a nice gain.
U.S. Stocks Close in the Green
The day’s action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Buy. We are currently invested at 40/C, 60/S. Our allocation is now -4.03% on the year not including today’s gains. Here are the latest posted results:
| 08/22/14 | |||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.5024 | 16.5194 | 26.0411 | 35.5016 | 26.1332 |
| $ Change | 0.0009 | 0.0046 | -0.0483 | 0.0066 | -0.1472 |
| % Change day | +0.01% | +0.03% | -0.19% | +0.02% | -0.56% |
| % Change week | +0.05% | -0.21% | +1.76% | +1.82% | +0.77% |
| % Change month | +0.14% | +0.74% | +3.18% | +3.82% | -0.76% |
| % Change year | +1.51% | +4.94% | +9.07% | +5.44% | +2.23% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 17.2894 | 22.7413 | 24.6424 | 26.2038 | 14.889 |
| $ Change | -0.0075 | -0.0301 | -0.0410 | -0.0487 | -0.0322 |
| % Change day | -0.04% | -0.13% | -0.17% | -0.19% | -0.22% |
| % Change week | +0.32% | +0.77% | +0.98% | +1.13% | +1.27% |
| % Change month | +0.61% | +1.18% | +1.49% | +1.73% | +1.88% |
| % Change year | +2.81% | +4.34% | +5.04% | +5.52% | +5.87% |
Here’s what the C Fund looked like today. Chart Courtesy of Stockcharts.com.
As you can see, the C Fund closed very close to its established trading channel. I probably need to redraw the lines, but the channel will still be narrow either way. Price has blown through resistance and is now in uncharted territory. The MAC D, Williams %R, and PMO all continue to give solid buy signals. A good looking chart if you are in it, but don’t chase it if you’re not.
It’s all clean and green for now. We’ll ride this horse as long as we can. As far as AMP, we won’t chase at this time. We’ll look for a good entry point into equities when the market pulls back. I just thank God for the success that He’s giving us in both programs. That’s all for tonight. Have a nice evening.
God bless,
Scott
