01/09/15

Good Evening,

Yesterday the Decision Point crew (I can’t take credit for this one) said in their market analysis that their short term indicators showed that there would be a small pullback in the market after which the rally would resume. This morning we had a better than expected jobs report with a lower unemployment number (5.6%). The market responded with a sell the news reaction. Bottom line, Erin Heim at Decision Point called it right. Now, if both she and I are correct again, the rally will resume. This market has enough under invested bulls to fuel the upside a good bit longer. However, the level of volatility has definitely increased in 2015 so we may have to work harder to hang onto our gains. Both of our allotments closed down on the session with TSP dipping -0.807% and AMP slipping only -0.295%. For comparison, the Dow lost -0.95%, the S&P 500 -0.84%, and the Nasdaq -0.68%. You probably figured it out by now. AMP usually comes out on top when the market is down. Remember, it’s what you keep that’s the most important!

Wall St. retreats after two-day advance; jobs data mixed

 

The day’s action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Buy. We are currently invested at 34/C, 66/S. Our allocation is now +0.06%, not including today’s results. Here are the latest posted results:
 
 
01/08/15
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.6232 16.9082 27.2233 36.2177 23.826
$ Change 0.0008 -0.0375 0.4790 0.5826 0.3419
% Change day +0.01% -0.22% +1.79% +1.63% +1.46%
% Change week +0.03% +0.46% +0.23% -0.04% -1.62%
% Change month +0.05% +0.63% +0.21% -0.22% -1.62%
% Change year +0.05% +0.63% +0.21% -0.22% -1.62%
L INC L 2020 L 2030 L 2040 L 2050
Price 17.4545 22.8676 24.7568 26.3155 14.9108
$ Change 0.0575 0.1904 0.2652 0.3243 0.2077
% Change day +0.33% +0.84% +1.08% +1.25% +1.41%
% Change week +0.01% -0.13% -0.18% -0.22% -0.29%
% Change month +0.02% -0.14% -0.20% -0.24% -0.32%
% Change year +0.02% -0.14% -0.20% -0.24% -0.32%
 
Here’s what the C Fund looked like today: (Chart Courtesy of Stockcharts.com)


The C Fund is still showing a neutral signal with two indicators that are negative. It gave up most of yesterday’s gains but did manage to close above it’s 50 EMA for a second day. The MAC D continued it’s move back to neutral territory which is slightly bullish. Not much else to add here.

 

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Today had all the markings of an overbought dip. I expect the market to resume its current upward trend in the early part of next week; if not, then on Monday. As I mentioned earlier, volatility has increased so this year should be interesting. Perhaps it will be more difficult to buy and hold. I suggest you have an exit plan and be disciplined with it because you’re probably going to stare the bear in the eyes on several occasions in 2015. The trick will be not to exit until he goes too far! That’s all for tonight. Have a nice evening and may God continue to bless your trades.
God bless,
Scott 8-)
 


Written By

Scott Grimes

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