Good Afternoon,
The market closed early today so everybody could get home with their families where they should be. Today’s shortened day of trading was a typical low volume Christmas Eve day of trading. There was a little movement along with a little profit taking on low volume. The reason for this is that most of the traders that stuck around until Christmas Eve won’t return until the new year so they are closing out their books for the year today. Our goal today was to hang on to all or most of our gains from yesterday. Mission accomplished! The S Fund performed poorly, but the C Fund managed a gain to keep our losses minimal on the day. Worth noting for those of you who may be considering our services in the future is that our thrift based system was able to make a small profit again today as we utilize more targeted funds that aren’t available in TSP. The system is always able to outpace TSP for this reason. It doesn’t hurt that we have unlimited trades at our disposal either. Any of you who have recently retired or may be retiring soon that have an interest in investing in this system can find my contact information as the end of this E-Mail. Of course, all my personal funds are invested in this system. Also, we handle IRA’s from private industry as well which can also be invested in the this system…
The Holiday action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Sell. Our current allocation is 42/C, 58/S. Our allocation has earned +20.04% in the period since 03/11/13 when we first started tracking it on the TSP Talk Auto Tracker. Of course you can view that information under the screen name KyFan1 at the TSPTALK.com site. Here are the latest posted results:
| 12/23/13 |
|
|
|
|
| Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| Price |
14.2799 |
15.7745 |
23.6016 |
33.3429 |
25.0762 |
| $ Change |
0.0027 |
-0.0162 |
0.1285 |
0.2613 |
0.1964 |
| % Change day |
+0.02% |
-0.10% |
+0.55% |
+0.79% |
+0.79% |
| % Change week |
+0.02% |
-0.10% |
+0.55% |
+0.79% |
+0.79% |
| % Change month |
+0.14% |
-0.35% |
+1.36% |
+1.93% |
-0.43% |
| % Change year |
+1.84% |
-1.48% |
+30.93% |
+37.00% |
+19.80% |
| |
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
| Price |
16.768 |
21.6391 |
23.2498 |
24.5832 |
13.9021 |
| $ Change |
0.0230 |
0.0751 |
0.1019 |
0.1239 |
0.0794 |
| % Change day |
+0.14% |
+0.35% |
+0.44% |
+0.51% |
+0.57% |
| % Change week |
+0.14% |
+0.35% |
+0.44% |
+0.51% |
+0.57% |
| % Change month |
+0.29% |
+0.53% |
+0.65% |
+0.75% |
+0.81% |
| % Change year |
+6.66% |
+15.19% |
+19.09% |
+21.98% |
+24.75% |
I have added a chart of the S-Fund today. I did this so you could see the chart pattern that we call “back filling” that almost always occurs when the stock or fund that is being charted gaps up during a particular session. In other words, it leaves a gap between that day and the previous day. When this takes place the pattern is usually fulfilled when the stock drops back to that level during a subsequent session (usually the next day). When you see this pattern, you can predict with 90% certainty that the stock or fund being charted will drop back to its previous level. Not so much in funds, but when dealing with individual stocks this is helpful as a signal to sell the stock to avoid the subsequent drop. This is normally done in a manner called shorting the stock where the stock is repurchased after it falls to its former level. This a allows an increased number of shares to be purchased with the profits taken during the gap up. This can be done with funds as well. However, it is usually not utilized as funds are normally held as a longer term investment than stocks. The thing for you to remember is when the pattern is fulfilled and the stock or fund being charted returns to its previous level, it usually resumes its march higher from that point forward. That’s the main reason we didn’t panic and sell out of the S-Fund today. This drop was actually a function of going too far too fast, if you will. The S-Fund will resume its profit making ways in the next session or so.
As you can see, the S-Fund completed the pattern by returning to the same trading level that it occupied on Friday the 20th. Well that’s all for today. My prayer is that you all enjoy a wonderful evening with your families. Isn’t it wonderful that God gave us the ultimate gift when he sent His only son to earth to suffer many things for our sins? What He has done for us in the stock market pails comparison to this. May God be praised for this gift and in that, this gift made it possible for us to have everlasting life, a long time after this market ceases to exist. Praise him tonight!! Jesus is Lord!! Have a great Christmas and don’t eat too much!
God bless,
Scott
