Good Evening.
The pinball market is back. Today it moved again with a slightly negative bias. The action will likely remain the same until the FED meets in about a week.
Stocks slip as investors hit pause on rally
The day’s action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Sell. Our allocation remains the same at 63/C, 37/S. It has gained +18.22% since 03/11/13. Here are the latest posted results:
| 12/09/13 | |||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.2675 | 15.7753 | 23.3298 | 32.6323 | 24.7629 |
| $ Change | 0.0026 | 0.0249 | 0.0434 | 0.0255 | 0.1224 |
| % Change day | +0.02% | +0.16% | +0.19% | +0.08% | +0.50% |
| % Change week | +0.02% | +0.16% | +0.19% | +0.08% | +0.50% |
| % Change month | +0.05% | -0.35% | +0.20% | -0.24% | -1.68% |
| % Change year | +1.75% | -1.47% | +29.42% | +34.08% | +18.31% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 16.7117 | 21.4763 | 23.0303 | 24.316 | 13.7331 |
| $ Change | 0.0122 | 0.0336 | 0.0434 | 0.0509 | 0.0323 |
| % Change day | +0.07% | +0.16% | +0.19% | +0.21% | +0.24% |
| % Change week | +0.07% | +0.16% | +0.19% | +0.21% | +0.24% |
| % Change month | -0.05% | -0.23% | -0.30% | -0.35% | -0.42% |
| % Change year | +6.31% | +14.33% | +17.96% | +20.66% | +23.23% |
A record closing high was made, but the intraday high was just under the record intraday high. By studying these charts you will start to know what to look for. That’s the reason I include them on a regular basis. Notice the red support lines……
Everything remains the same. Our goal is to get through the Santa Rally. Then we’ll raise our caution level and watch the charts. That’s all for tonight. May God continue to bless your trades.
Scott
