Good Evening,
They’re doing it again! We’re in the midst of another V-Shaped bounce…
Feel the love: Dow jumps nearly 130 points
The day’s trading left us with the following signals: C-Buy, S-Buy, I-Buy, and F-Buy. We are currently invested at 40/C, 15/S, 45/I. Our allocation worked quite well today. It is currently off -2.50% on the year, but is starting to gain some ground. Here are the latest posted results:
02/13/14 | |||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 14.3291 | 16.0011 | 23.6991 | 33.8048 | 25.2391 |
$ Change | 0.0009 | 0.0404 | 0.1390 | 0.3549 | -0.0098 |
% Change day | +0.01% | +0.25% | +0.59% | +1.06% | -0.04% |
% Change week | +0.04% | -0.08% | +1.89% | +2.71% | +1.38% |
% Change month | +0.08% | +0.07% | +2.81% | +2.35% | +2.88% |
% Change year | +0.29% | +1.65% | -0.74% | +0.40% | -1.27% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 16.8497 | 21.7727 | 23.4086 | 24.7645 | 14.0083 |
$ Change | 0.0203 | 0.0590 | 0.0823 | 0.1027 | 0.0640 |
% Change day | +0.12% | +0.27% | +0.35% | +0.42% | +0.46% |
% Change week | +0.40% | +0.99% | +1.26% | +1.47% | +1.65% |
% Change month | +0.62% | +1.49% | +1.86% | +2.12% | +2.38% |
% Change year | +0.20% | -0.11% | -0.22% | -0.28% | -0.39% |
Here’s our C-Fund chart for the day courtesy of Stockcharts.com.
It is a solid buy signal. Now let’s see how far it runs. Not really much to add tonight. Equities continue to look strong, but resistance looms just overhead in the 1850 range. So goes the S&P, so for the most part goes the rest of our equity based funds. The charts are all fairly close with signals within a day or so of each other. We’ll continue to track this rally and get as much as we can out of it. Have a great weekend and remember that the market is closed on Monday for Presidents’ Day.
God bless,
Scott