Good Evening,
Today we got the bounce that we were waiting for which put things pretty well back in the green for the month. Some are saying that it’s just an oversold bounce. I don’t know, but I’ll take it. It let’s me stay in the game for a little longer. Like I have been saying, for the most part, what’s not to like about the US economy?
The day’s action left us with the following results: TSP +1273%, AMP +1.432%. For comparison, the Dow added +1.47%, Nasdaq +0.89%, S&P 500 +1.26%, AT&T +1.56%, Alaska Air Group +3.12%, Facebook + 1.75%, and Apple+1.81%. God blessed us with a great day!
The day’s action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. Our allocation is now +0.98% on the year. Here are the latest posted results:
| 03/12/15 |
|
|
|
|
| Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| Price |
14.6701 |
16.9336 |
27.3851 |
37.7424 |
25.1357 |
| $ Change |
0.0007 |
0.0115 |
0.3475 |
0.4960 |
0.2006 |
| % Change day |
+0.00% |
+0.07% |
+1.29% |
+1.33% |
+0.80% |
| % Change week |
+0.03% |
+0.60% |
-0.20% |
+0.96% |
-1.40% |
| % Change month |
+0.06% |
-0.41% |
-1.73% |
-0.10% |
-3.22% |
| % Change year |
+0.37% |
+0.79% |
+0.81% |
+3.98% |
+3.79% |
| |
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
| Price |
17.5816 |
23.2118 |
25.222 |
26.8807 |
15.275 |
| $ Change |
0.0424 |
0.1359 |
0.1906 |
0.2347 |
0.1497 |
| % Change day |
+0.24% |
+0.59% |
+0.76% |
+0.88% |
+0.99% |
| % Change week |
+0.00% |
-0.14% |
-0.17% |
-0.18% |
-0.23% |
| % Change month |
-0.35% |
-0.97% |
-1.23% |
-1.37% |
-1.57% |
| % Change year |
+0.75% |
+1.37% |
+1.68% |
+1.90% |
+2.12% |
Let’s hit the charts.C Fund: Price rebounded nicely today closing on its 50 EMA. The Williams %R turned up into positive territory, most likely indicating more upside for the short run. Volume remains average. All signals are annotated with florescent green circles.
S Fund: Price reclaimed its 20 EMA. The Williams %R continues up and the PMO flattened. This chart remains in good shape. All signals are annotated with florescent green circles.
I Fund: Price rebounded strongly reclaiming its 50 EMA. It is still in the descending channel, but is close to challenging the upper trend line. It would be bullish if this level was broken. Of note is the fact that this fund closed with a 1.24% gain. TSP only credited it with a 0.80% gain. This is due to the fact that TSP closes their books before the I Fund closes out the day. As best as we can tell, any gain or loss that is not recorded for the current day is added or taken away from the next day. Most of the time you will be able to see it, but occasionally you just have to trust in Thrift! Those of you invested in AMP know that you have your results 24-7 in real time. That’s just another reason to roll you money out of TSP when you can! This chart still has a lot of work to do. It’s over all success will have a lot to do with the value of the dollar. All signals are annotated with florescent green circles.
F Fund: The F Fund continues to strengthen with price reclaiming its 20 EMA today. The PMO turned up and the MAC D is closing in on positive territory. Personally, I am still very skeptical about this fund. Its success is dependent on whether or not the FED raises rates and today’s economic data put that issue in doubt. Volume remains weak. All signals are annotated with florescent green circles.
Praise God for another good day. Right now, it’s all about next week’s FED meeting. Specifically, traders will be focused on the wording of the minutes as to whether or not it still contains the word patient with regard to raising interest rates. You know what I have to say: what will happen will happen so we might as well keep our eyes on the charts and react to it, whatever it is. Right now the charts have us in the game and you know the old saying “you have to be in it to win it”. May God continue to bless your trades. Have a nice evening!
God bless,
Scott
