12/05/13

Good Evening,

The FED money is ending, QE is tapering, QE is ending. The economy is improving so QE is ending……whatever (note sarcasm). OK, get it over with, let the market drop and we’ll go to cash. So what? We’ve done it before and I’m sure we’ll do it again. Just move us out of market purgatory!! Please, I’ve had enough. I’m tired of getting whipsawed. If we are at the top then let’s drop!!

 

Market losing streak hits five days

 

 

The day’s action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Sell. Our allocation is the same for now at 63/C, 37/S. However, the chart for the C-Fund ended the day on the line between neutral and sell. Should the C-Fund (S&P 500) turn down in the morning we will sell that fund and re-balance our allocation. Our allocation is up 17.24% since 03/11/13. Here are the latest posted results: 
12/04/13
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.2631 15.7564 23.1249 32.3842 24.5732
$ Change 0.0009 -0.0477 -0.0239 -0.0146 -0.2640
% Change day +0.01% -0.30% -0.10% -0.05% -1.06%
% Change week +0.02% -0.47% -0.68% -1.00% -2.43%
% Change month +0.02% -0.47% -0.68% -1.00% -2.43%
% Change year +1.72% -1.59% +28.29% +33.06% +17.40%
  L INC L 2020 L 2030 L 2040 L 2050
Price 16.6787 21.378 22.8993 24.1586 13.6337
$ Change -0.0133 -0.0468 -0.0619 -0.0737 -0.0480
% Change day -0.08% -0.22% -0.27% -0.30% -0.35%
% Change week -0.24% -0.69% -0.87% -0.99% -1.14%
% Change month -0.24% -0.69% -0.87% -0.99% -1.14%
% Change year +6.10% +13.80% +17.29% +19.88% +22.34%

 

The market’s reaction to tomorrow’s job report is pivotal. If the reaction is negative we may be done for the year. We’ll just keep our eye’s on the charts and react to what’s put in front of us. Either way, God has given us another great year! Give him the praise!!!! May He continue to bless your trades. Have a nice evening.
God bless,
Scott8-)

 



Written By

Scott Grimes

  • 11/18/24

    Good Morning, The market dropped a few days and now a lot of folks are using that other strategy which is really not a strategy at all. PANIC. My inbox is full of messages. “I’m losing all the gains I made last week. Shouldn’t I put some in the G Fund ?” So you want…

  • 11/11/24

    Good Evening, Well we’re now post election. How many of you are glad that is all over? I certainly am. The market has been surging since last Tuesday. There are two things it likes. The biggest one is that a great deal of uncertainty has been removed from the market. Investors know how to approach…

  • 11/04/2024

    Good Morning, Well we’re one day out from the first Tuesday in November and unless you’ve been hiding under a rock somewhere you know what that means. Election day and not just any election day. We will elect a new president and determine who will control the senate. The winners of these highly contested elections…