03/09/2015

Good Evening,

Like I said Friday, what’s not to like about this economy. Sure, we’ll have a real correction eventually, but based on the reasons I gave on Friday, I don’t think it will be just yet. With God’s help, when the correction comes we will have enough profit to absorb the market turn. Consider it like paying the premium on a good insurance policy.  Today’s market managed a moderate bounce. While it only retraced a portion of the ground lost on Friday, many said its lack of vigor could be traced to the time change. I don’t know about that but I’ll be watching closely to see if there is any follow through to the upside during tomorrow’s trading. As always, in the end it will be the charts that tell the noise-free story.

 

 

The day’s bounce left us with the following results: Our TSP allotment gained +0.282% while AMP added +0.525%. For comparison, the Dow gained +0.78%, the Nasdaq +0.31%, the S&P 500 +0.39%, AT&T -0.39%, Alaska Air Group +0.39%, Facebook -0.71%, and Apple was +0.43%.

 

 

 

Wall St. rebounds on deal activity; Apple up after watch news

 

 

 

The day’s action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 30/C, 34/S, 36/I. Our allocation is now +1.25% for the year. Here are the latest posted results:
03/09/15
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.6679 16.8657 27.5505 37.5072 25.3542
$ Change 0.0023 0.0337 0.1107 0.1227 -0.1381
% Change day +0.02% +0.20% +0.40% +0.33% -0.54%
% Change week +0.02% +0.20% +0.40% +0.33% -0.54%
% Change month +0.05% -0.81% -1.14% -0.73% -2.38%
% Change year +0.35% +0.38% +1.42% +3.34% +4.69%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.5919 23.2609 25.2882 26.9567 15.3265
$ Change 0.0096 0.0167 0.0227 0.0284 0.0157
% Change day +0.05% +0.07% +0.09% +0.11% +0.10%
% Change week +0.05% +0.07% +0.09% +0.11% +0.10%
% Change month -0.29% -0.76% -0.97% -1.10% -1.24%
% Change year +0.81% +1.58% +1.94% +2.19% +2.46%
Let’s take a look at the charts:C Fund: Price bounced back remaining above its 50 EMA. The Williams %R whipsawed into positive territory signaling a short term run. This chart remains on neutral with two indicators on sell.

1
S Fund: The S Fund remains a little stronger than the C Fund as price regained its 20 EMA and remains above support at 89.10. The Williams %R turned back up into positive territory possibly indicating more short term gains.
2

I Fund: Price managed to break back through resistance at 63.90. We will be watching to see if this chart can hold above that resistance which is now support. This chart is still Neutral with three indicators in a negative configuration. Also, price remains within the descending channel.

3
F Fund: Price regained its 100 EMA today and the Williams %R turned positive. However, the 20 EMA is edging ever closer to a negative pass trough of the 50 EMA. This would be very bearish. Price remains in the descending channel.
4
I still expect March to be a good month and the first quarter of 2015 to be a gainer. The wind is at our backs; let’s see if we can move ahead. May God continue to bless your trades! Have a great evening and I’ll see you tomorrow.
God bless,
Scott


Written By

Scott Grimes

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