Good Evening,
Statistically speaking, the Monday after Thanksgiving has a negative bias. True to form today followed the pattern…
Stocks slip on weak Black Friday sales
The day’s trading left us with the following signals: C-Neutral, S-Buy, I-Neutral, F-Neutral. We are currently invested at 63/C, 37/S. Our allocation has gained +18.18% in the period since 03/11/13. Here are the latest posted results:
| 11/29/13 | |||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.2597 | 15.8301 | 23.2839 | 32.7103 | 25.1848 |
| $ Change | 0.0026 | 0.0014 | -0.0173 | -0.0092 | 0.1557 |
| % Change day | +0.02% | +0.01% | -0.07% | -0.03% | +0.62% |
| % Change week | +0.05% | +0.07% | +0.10% | +0.74% | +0.83% |
| % Change month | +0.18% | -0.35% | +3.05% | +2.49% | +0.75% |
| % Change year | +1.69% | -1.13% | +29.17% | +34.40% | +20.32% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 16.7194 | 21.5256 | 23.0995 | 24.4014 | 13.7909 |
| $ Change | 0.0058 | 0.0176 | 0.0222 | 0.0256 | 0.0172 |
| % Change day | +0.03% | +0.08% | +0.10% | +0.10% | +0.12% |
| % Change week | +0.11% | +0.25% | +0.31% | +0.35% | +0.40% |
| % Change month | +0.58% | +1.24% | +1.54% | +1.74% | +1.93% |
| % Change year | +6.35% | +14.59% | +18.32% | +21.08% | +23.75% |
The bottom line is that we are sitting at or near the top of an extended market that up to date has refused to break down. My thought is that this resilience is due to the FED’s quantitative easing program. It appears that a growing anxiety over the end of this program coupled with the added anxiety of being on top of an extended market is putting a constant drag on the market and probably will do so until it ultimately breaks down for a real correction, if not for even more. Our strategy remains to take advantage of whatever holiday push that we get. All that said, caution is warranted. Should we, at any point in this process, get sell signals we will not hesitate to sell. That’s all for tonight. May God continue to bless your trades.
Scott
