Good Evening, Just a quick note: As I mentioned earlier, we have rebuilt our mobile app so you will have to down load the new one before you can receive any alerts on your phones. You can easily do that for either IOS or Android operating systems at the App store.
The Fed met today and caused a little movement in the market, but the big influence continued to be the upcoming election. The S&P 500 has now dropped for 7 consecutive sessions and it hasn’t done that for a long time. I certainly wouldn’t bet against it dropping through next Tuesday. I’m fully invested and I realize that it’s going to be volatile through the election, but that doesn’t make it any easier to watch. By the matter of fact I would prefer not to watch. Nevertheless, you must be in to win it so to speak. If and when I get a confirmed long term sell signal, I may reconsider my position. But for now, it’s full speed ahead and darn the torpedoes (Yes that’s the Christian version of that saying).
The days selling left us with the following results: Our TSP allotment lost -1.23%. For comparison, the Dow dropped -0.43%, the Nasdaq -0.93%, and the S&P 500 -0.65%.
Stocks Finish Lower Again as Election Worries Overshadow Fed Inaction
The days action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Sell. We are currently invested at 100/S. Our allocation is now -2.00% on the year not including the days results. Here are the latest posted results:
| 11/01/16 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.1336 | 17.8507 | 28.9922 | 36.9483 | 24.2612 |
| $ Change | 0.0007 | 0.0103 | -0.1978 | -0.3526 | -0.0044 |
| % Change day | +0.00% | +0.06% | -0.68% | -0.95% | -0.02% |
| % Change week | +0.02% | +0.13% | -0.69% | -0.54% | -0.01% |
| % Change month | +0.00% | +0.06% | -0.68% | -0.95% | -0.02% |
| % Change year | +1.46% | +5.28% | +5.19% | +4.86% | +0.69% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 18.187 | 23.9012 | 25.923 | 27.5374 | 15.5883 |
| $ Change | -0.0176 | -0.0515 | -0.0844 | -0.1057 | -0.0686 |
| % Change day | -0.10% | -0.21% | -0.32% | -0.38% | -0.44% |
| % Change week | -0.07% | -0.18% | -0.28% | -0.33% | -0.38% |
| % Change month | -0.10% | -0.21% | -0.32% | -0.38% | -0.44% |
| % Change year | +2.33% | +2.98% | +3.43% | +3.64% | +3.74% |
Now lets take a look at the charts. All signals are annotated with green circles. If you click on the charts they will become larger.
C Fund:
S Fund:
I Fund: The I Fund generated an overall sell signal today when it’s 5 EMA passed through it’s 200 EMA with the other three indicators in negative configurations. It is my recommendation to give a five (trading) day delay on making the transaction if you happen to be in this one. We are doing that on all signals with regard to our equity based funds to prevent whipsaw signals such as the ones that have often occurred over the past five years. Obviously, that goes double with the election in just six days!
F Fund:
It’s tough to hang in there, but we must wait until the smoke has cleared from this election. Keep praying! God has never let us down before!!! That’s all for tonight. Have a great evening!
