Good Evening, Tech earnings disappointed today with IBM and United Technology missing the market and dragging the market lower. Apple reported after the bell and slightly beat earnings, but gave poor guidance so the negativity continues into after hours trading which will probably means more of the same tomorrow. There were a few individual stocks working such as FIT and FB. However, breadth was poor at around 1.51 to 1 so the major indices were all in the red for the day.
The days trading left us with the following results: Our TSP allotment was off -0.43%. For comparison the Dow dropped -1.00%, the Nasdaq -0.21%, and the S&P 500 -0.43%.
IBM, United Tech drag Dow; Apple results weigh on futures
The days action left us with the following signals: C-Buy, S-Neutral, I-Buy, F-Neutral. We are currently invested at 33/C, 33/S, 34/I. Our allotment is now +1.41% on the year not including the day’s results. Here are the latest posted results.
| 07/20/15 | |||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.7747 | 16.8078 | 28.4005 | 38.4009 | 26.5164 |
| $ Change | 0.0028 | -0.0216 | 0.0227 | -0.1034 | 0.0540 |
| % Change day | +0.02% | -0.13% | +0.08% | -0.27% | +0.20% |
| % Change week | +0.02% | -0.13% | +0.08% | -0.27% | +0.20% |
| % Change month | +0.12% | -0.02% | +3.24% | +0.79% | +2.79% |
| % Change year | +1.08% | +0.04% | +4.55% | +5.80% | +9.49% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 17.8072 | 23.7458 | 25.9118 | 27.6843 | 15.7843 |
| $ Change | 0.0032 | 0.0076 | 0.0081 | 0.0072 | 0.0050 |
| % Change day | +0.02% | +0.03% | +0.03% | +0.03% | +0.03% |
| % Change week | +0.02% | +0.03% | +0.03% | +0.03% | +0.03% |
| % Change month | +0.65% | +1.42% | +1.78% | +1.98% | +2.23% |
| % Change year | +2.04% | +3.70% | +4.46% | +4.95% | +5.52% |
Lets take a look at the charts: (All signals annotated with Green Circles)
C Fund: Price lost a little ground, but still managed to finish above it’s 5 EMA. So this ones still a buy.
S Fund: The PMO and VTX both went negative so this one is now at neutral. The EMA’s are in a jumble and heading down. So we can expect a sell signal here without a strong day tomorrow.
I Fund: Price fell back slightly but is still above it’s 5 EMA and will bring this one back up to a buy signal if it can continue to hold it’s ground. So far it has been unable to penetrate resistance at 65.60 and is trading sideways.
F Fund: Price made a slight gain today, but continues to move sideways in it’s established trading channel. This one is about the same at neutral.
The charts deteriorated just a little today. Overall, they seem unable to decide which way they are going to go. We’ll keep watching until we get some clarity. Right now it’s looking like we’ll have a weak start tomorrow. However, given recent history, we should never count the dip buyers out. If they show up they can make things very interesting. That’s all for tonight. May God continue to bless your trades! See you tomorrow.
