Good Evening, Bad reports and guidance from Home Depot and Kohls along with the continued negative news feed on the impeachment hearings drove the Dow and S&P 500 off their record highs today. The Nasdaq, however, did manage to add roughly a quarter point to it’s record. Folks, this market wants to go up but the news flow is so discombobulated that market players honestly don’t know whether to lead, follow, or get out of the way! The one thing in my opinion that could shake us out of this funk would be a real deal with China. The market appears to be both tired and indifferent to the ongoing trade conflict between the US and China and would like very much for it to end!!!
Today I was thinking about the good old days before I started the news letter when all I did was technical analysis. The news was little more than an after thought. I would come home from work and study my charts for an hour or so then make any required changes or not. I didn’t have time to monitor the Reuters news site. That’s right, I made all my investments without watching the news. The only time I watched the news was when some major event was happening or I wanted to know what was making the market go up or sell off. And you know what? My results where better than today! Of course I will freely admit that this is a different market, a different climate than those days but nevertheless, I did it and I was successful or should I say more successful. I could and probably would do it again if not for the fact that I would have nothing other than technical analysis to write about in this blog. You know what that would be like? Somewhere between a math and a statistics class. A little dry to say the least. So that’s why I don’t do it. I must tell you though. I am tempted. You really have to ask yourself, would you rather be entertained or make money????????
The days trading left us with the following results: Our TSP allotment slipped back -0.06%. For comparison, the Dow fell -0.36%, the Nasdaq added +0.24%, and the S&P 500 slipped -0.06%.
The days action left us with the following results: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/C. Our allocation is now +12.64% on the year not including the days results. Here are the latest posted results:
| 11/18/19 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 16.3155 | 19.6699 | 45.5642 | 54.1176 | 31.8014 |
| $ Change | 0.0023 | 0.0248 | 0.0237 | -0.0263 | 0.0907 |
| % Change day | +0.01% | +0.13% | +0.05% | -0.05% | +0.29% |
| % Change week | +0.01% | +0.13% | +0.05% | -0.05% | +0.29% |
| % Change month | +0.09% | -0.37% | +2.92% | +2.69% | +1.51% |
| % Change year | +2.02% | +8.42% | +26.74% | +23.06% | +19.05% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 20.9963 | 29.0039 | 34.1129 | 37.4738 | 21.854 |
| $ Change | 0.0092 | 0.0141 | 0.0291 | 0.0367 | 0.0235 |
| % Change day | +0.04% | +0.05% | +0.09% | +0.10% | +0.11% |
| % Change week | +0.04% | +0.05% | +0.09% | +0.10% | +0.11% |
| % Change month | +0.55% | +0.65% | +1.44% | +1.70% | +1.93% |
| % Change year | +6.63% | +8.25% | +15.10% | +17.69% | +19.88% |
C Fund:
S Fund:
I Fund: The I generated an overall Neutral signal today when the PMO and MACD moved into a negative configurations. Two or more negative signals or the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a neutral signal. Any three indicators negative accompanied by both or either the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a sell signal. A buy signal is generated then the 5 EMA is above the 50 EMA and the 200 EMA, One or less indicators are negative, and the SCTR is higher than 40.
F Fund: The F Fund generated an overall neutral signal when the PMO and MACD moved into positive configurations and the 5 EMA moved up through the 50 EMA. Two or more negative signals or the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a neutral signal. Any three indicators negative accompanied by both or either the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a sell signal. A buy signal is generated then the 5 EMA is above the 50 EMA and the 200 EMA, One or less indicators are negative, and the SCTR is higher than 40.
The market keeps limping along in an undecided manner while we wait for the next piece of earth shaking news. One thing about it though, it keeps easing upward. That is a testament how resilient this uptrend really is. There’s no telling how much money we could make if the constant negative news flow (both fake and real) would stop. Nonetheless, there is one constant and that is our heavenly Father. He wants to bless us! If we will only pray in the name of His blessed Son Jesus Christ He will do so. He came to this earth that we might have life and life abundant. Pray that He will rebuke the devourer that we will be able to continue to build our retirement accounts in the mighty name of JESUS! That’s all for tonight. Have a great evening and may God continue to bless your trades!
