03/16/2015

Good Evening,

The Traders/Machines decided to load up ahead of the FED meeting. I’m not really sure if they know something or if they are just trying to make a wild bet. Although, the FED minutes have usually been market friendly. So maybe this is a new play on the FED. Who knows? The media’s excuse was some weak factory data that came out this morning ahead of the FED meeting with the idea being that it will make the FED less likely to raise interest rates. Just an observation….wasn’t the slow activity due to bad whether? Just saying. I really don’t know why and honestly I don’t care.  I’m just glad to have the gains and will keep reacting to the action in front of me……that’s it. Plain and simple!

The day’s buying left us with the following results: Our TSP allotment gained +1.135% and AMP added +1.196%. For comparison the Dow was up +1.29%, the Nasdaq +1.19%, the S&P 500 +1.35%, AT&T +0.92%, Alaska Air Group +1.37%, Facebook +0.03% and Apple +1.10%. God blessed us with another good day! Give Him all the Praise!

Weak U.S. factory data suggest softer economic growth

 

 

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 +0.52% not including the day’s gains. Here are the latest posted results:
03/13/15
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.6709 16.9212 27.2191 37.5766 25.0525
$ Change 0.0008 -0.0124 -0.1660 -0.1658 -0.0832
% Change day +0.01% -0.07% -0.61% -0.44% -0.33%
% Change week +0.04% +0.53% -0.80% +0.51% -1.73%
% Change month +0.07% -0.48% -2.33% -0.54% -3.54%
% Change year +0.37% +0.71% +0.20% +3.53% +3.44%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.5633 23.1525 25.1392 26.7795 15.2105
$ Change -0.0183 -0.0593 -0.0828 -0.1012 -0.0645
% Change day -0.10% -0.26% -0.33% -0.38% -0.42%
% Change week -0.11% -0.39% -0.50% -0.55% -0.66%
% Change month -0.46% -1.22% -1.55% -1.75% -1.99%
% Change year +0.64% +1.11% +1.34% +1.52% +1.68%

If things look a little different it is because I’m using a different browser while doing the newsletter tonight as I was having some technical difficulties with the other one. I’m not sure I like this……..   Anyway, let’s hit the charts!

C Fund: Price reclaimed the 20 EMA today. As usual, the signals are marked by fluorescent green circles. This chart is Neutral but improving.

1
S Fund: This chart continues to strengthen as well. It is neutral and improving.
2
 I Fund: Price reclaimed its 20 EMA and broke out of the descending channel which is bullish. This chart is also neutral but improving.
3
 F Fund: Quite frankly this one amazes me as it continues to strengthen with yet another gain. Today’s gain boosted the MAC D into positive territory so this chart now has three out of four indicators in a positive configuration. Our system requires a buy signal on all four indicators before we move from a neutral to an overall buy signal for the chart. Also, price tested the upper trend line of the descending channel today, but still remains inside the channel. Therefore, I sill remain skeptical of this chart. More than likely the gains are in sympathy with traders that think the FED won’t raise interest rates. Due to a possible rate hike, I will avoid the F Fund at this time.
4
This market is like a roller coaster to be sure, but we have managed to stay in the green. For that I am thankful to God. Our job now is to continue to watch our charts through the FED meeting. The minutes will be released at 2:00 PM EST on Wednesday. That’s when we’ll know where we are going for sure so buckle up your seat belts and enjoy the ride! Keep praying. God is clearly blessing our group. Have a great evening. See you tomorrow!
God bless,
Scott8-)


Written By

Scott Grimes

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