Good Evening, Today the market was focused on possible economic stimulus and political turmoil. The major indices finished flat kept in check by large social media firms that traded lower on concerns of increased regulation. The communications services sector was the biggest percentage decliner of the S&P 500’s 11 major industry indexes as investors were worried that big social media companies such as Twitter and Facebook could come under increased regulatory scrutiny. “A lot of what we’ve seen today and we’ve seen this week is big tech under pressure because of the obvious sizable influence and power they have,” said O’Rourke, chief market strategist at JonesTrading in Stamford, Connecticut as Facebook and Twitter banned Trump from their platforms after the Capitol attacks. However, small caps were a bright spot in an otherwise gloomy day out performing the broader market yet again with the Russell 2000 gaining +1.79%. That of course propelled the S Fund which is a small cap/ mid cap blend to another nice gain of +1.42%! We’ll take it and praise God for it!!
Obviously we’re off to a good start to the year. I received a few messages saying “Hey there, I thought those democrats would trash the market”. Just wait a minute before you pass judgement too fast. They have to be in office before they can pass legislation. When they are, the first thing they will probably pass will be a stimulus package which will make the market rise. The next things will likely be a corporate tax hike and increased environmental and banking regulations. Those will make the market sell off. So it’s best to make hay while the sun is shining. All that said, we talk about the future because it’s interesting to folks but we make our investment decisions based on our charts. We react! We never anticipate. We feel that anyone who makes their investment decisions based on what they think will happen might as well take their money to Vegas and gamble. Nobody has a crystal ball. I could be totally wrong about the scenario that I outlined above. We will all see, but we need to give the newly elected politicians a chance to pass some laws before we’ll know for sure how they are going to effect the market. For now let’s just praise God that we’re all making some money! Let me also add once again that I do not attempt to make disparaging remarks about any political party! Sometimes when I talk about how certain policies might effect the market it just sounds that way. The above noted policy preferences have been well documented by all the National Media outlets. Enough about that!!!!
The days trading left us with the following results: Our TSP allocation posted another nice gain of +1.42%. For comparison, the Dow added +0.19%, the Nasdaq fell -0.98%, and the S&P 500 was slightly higher at +0.04%. Praise God for another good day!
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Sell. We are currently invested at 100/S. Our allocation is now +4.53% on the year not including the days results. Here are the latest posted results:
| 01/11/21 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 16.5125 | 20.976 | 56.5882 | 77.5631 | 36.0531 |
| $ Change | 0.0012 | -0.0206 | -0.3740 | 0.0008 | -0.4478 |
| % Change day | +0.01% | -0.10% | -0.66% | +0.00% | -1.23% |
| % Change week | +0.01% | -0.10% | -0.66% | +0.00% | -1.23% |
| % Change month | +0.03% | -1.04% | +1.21% | +4.53% | +1.88% |
| % Change year | +0.03% | -1.04% | +1.21% | +4.53% | +1.88% |
| Fund | L INC | L 2025 | L 2030 | L 2035 | L 2040 |
| Price | 22.3622 | 11.2545 | 39.1966 | 11.7069 | 44.0561 |
| $ Change | -0.0393 | -0.0419 | -0.1836 | -0.0600 | -0.2454 |
| % Change day | -0.18% | -0.37% | -0.47% | -0.51% | -0.55% |
| % Change week | -0.18% | -0.37% | -0.47% | -0.51% | -0.55% |
| % Change month | +0.38% | +0.85% | +1.08% | +1.19% | +1.31% |
| % Change year | +0.38% | +0.85% | +1.08% | +1.19% | +1.31% |
| Fund | L 2045 | L 2050 | L 2055 | L 2060 | L 2065 |
| Price | 12.0149 | 26.1986 | 12.6511 | 12.6512 | 12.6512 |
| $ Change | -0.0713 | -0.1651 | -0.0954 | -0.0954 | -0.0955 |
| % Change day | -0.59% | -0.63% | -0.75% | -0.75% | -0.75% |
| % Change week | -0.59% | -0.63% | -0.75% | -0.75% | -0.75% |
| % Change month | +1.41% | +1.51% | +1.93% | +1.93% | +1.92% |
| % Change year | +1.41% | +1.51% | +1.93% | +1.93% | +1.92% |
Now lets take a look at the charts. All signals are annotated with green circles. If you click on the charts they will become larger. If you want to learn more about technical analysis check out the website StockCharts.com.
C Fund:
S Fund:
I Fund:
F Fund:
Praise God! You all keep praying and we’ll keep rolling!! That’s all for tonight. Have a nice evening and may God continue to bless your trades!
