Good Evening, As 2016 rolls to an end we are experiencing the same low volume holiday trading that usually goes on. Most of the big funds are done with portfolio adjustments are out of the office until the new year. Most traders are done with their taxed based selling as well leading to one of the lowest volume days of the year. You really can’t take much from this action. The major indexes managed modest gains on the day with the focus again on the Dow as it inches closer to 20,000. The 20,000 level is really a meaningless level in a meaningless index. That said it does have some bearing as a psychological level and will suck in some additional buyers should the Dow get there. Otherwise it is meaningless as the Dow is made up of only 30 stocks which are weighted to boot. If you want a better gauge of what the market is dong look to the S&P 500 and/or the Russell 2000. Enough said, you get the picture. Watch the charts of the large indexes and they will usually tell the story and right now that story is an uptrend. Don’t spend time worrying about a top either. Just enjoy the ride. The charts will tell you when to sell.
The days action left us with the following results: Our allotment gained +0.43%. For comparison, the Dow added +0.06%, the Nasdaq +0.45%, and the S&P 500 +0.22%.
Wall St. edges up in low volume, boosted by tech shares
The days action left us with the following signals: C-Buy, S-Neutral, I-Buy, F-Neutral. We are currently invested at 100/S. Our allocation is now +9.73% for the year not including the days a gains. Here are the latest posted results. Remember, there was no trading yesterday.
| 12/26/16 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.1789 | 17.3328 | 31.2078 | 41.373 | 24.4511 |
| $ Change | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| % Change day | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% |
| % Change week | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% |
| % Change month | +0.15% | -0.50% | +3.09% | +2.75% | +2.81% |
| % Change year | +1.77% | +2.23% | +13.23% | +17.42% | +1.48% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 18.4159 | 24.5181 | 26.9127 | 28.7717 | 16.394 |
| $ Change | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| % Change day | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% |
| % Change week | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% |
| % Change month | +0.67% | +1.30% | +1.88% | +2.18% | +2.47% |
| % Change year | +3.62% | +5.64% | +7.38% | +8.28% | +9.10% |
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:
F Fund:
Our task now is simple, ride out the rest of the year. Have a nice evening and may God continue to bless your trades!
