12/19/13

Good Evening,

Traders took a little rest after yesterday’s record setting rally. For the most part the major indices drifted sideways finishing mixed on the day. That’s OK as the market looks to a positive end to the year with no major resistance ahead in that both the tapering and government budget issues have been settled. The market hates uncertainty and with those two issues resolved the uncertainty has been removed for now.

 

 

Investors take a break after taper rally

 

The day’s action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Sell. Our allocation remains the same at 63/C, 37/S. It has earned +18.61% since 03/11/13. Here are the latest posted results:   
12/18/13
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.2755 15.7817 23.3705 32.8264 24.5506
$ Change 0.0009 -0.0232 0.3837 0.3913 0.2323
% Change day +0.01% -0.15% +1.67% +1.21% +0.96%
% Change week +0.03% +0.05% +2.00% +2.05% +1.21%
% Change month +0.11% -0.31% +0.37% +0.35% -2.52%
% Change year +1.81% -1.43% +29.65% +34.88% +17.29%
  L INC L 2020 L 2030 L 2040 L 2050
Price 16.719 21.4757 23.0286 24.3147 13.7294
$ Change 0.0466 0.1529 0.2067 0.2496 0.1583
% Change day +0.28% +0.72% +0.91% +1.04% +1.17%
% Change week +0.39% +0.95% +1.20% +1.38% +1.54%
% Change month +0.00% -0.23% -0.31% -0.36% -0.45%
% Change year +6.35% +14.32% +17.95% +20.65% +23.20%
Notice the change in monthly value, you’ll see that the C and S fund are up and the I is down, way down. With God’s help, we were in the right place with our allocation! As I mentioned last night, we are expecting more follow through in the coming days. It is doubtful that we’ll need to re-balance our allocation as it is on target for the current market. We will review it again in three weeks or so barring no major moves in the market. Of course, we are always ready to make a move should we get new signals on our charts. Remember, if you honor God, He will bless you in all things. That’s all for tonight. Have a nice evening.
God bless,
Scott8-)

 



Written By

Scott Grimes

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