03/03/2020

Good Evening, How many of you wished you were in the market yesterday? Now, how many wished they were in today? Folks that’s what volatility looks like when the volatility index ($VIX) is sitting at 36.82. You should expect big swings and a lot of negative action. So lets break it down. Yesterday market players decided that the Corona Virus sell off was over done with all the major indices in correction territory after only a week. I might add ...

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*****Interfund Transfer******

Good Evening, It’s time to adjust our allocation. The new allocation is 100/G. Please remember that this is the percentage of money that we have invested in each fund, not the money that is taken from your check and deposited into thrift. That deposit should always be 100% G Fund. That automatically protects your deposit in the event that it is made on a bad day for the market. The funds that ...
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02/25/2020

Good Evening, I’ll get right to the point. I have poured over the charts and some of my most trusted indicators say sell. In addition, the chart for the C Fund generated a new sell signal today. So I will be selling everything and putting it in cash. I was in long term corporate bonds on the street and got hit hard there as well. I’ll be honest with you. I have invested in corporate bonds a lot on the ...

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02/18/2020

Good Evening, In recent blogs we discussed how the Corona Virus might truly effect the market. We talked about the fact that it would have to directly affect economic indicators and/or corporate reports. We also mentioned a few isolated incidents such as Under Armor (UA) and Nike (NKE) and how they up to now have had no real effect on the market. Well today mighty Apple (AAPL) lowered their quarterly guidance based on the fact that their supply line had ...

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02/14/2020

Good Evening, Well we had a successful week despite the corona virus. It slowed things down a bit today but the S&P 500 still closed the week out with a nice gain. China is the #2 economy in the world and there is no doubt that economic growth there will slow down the most that it has done since the great recession. The coronavirus, now called Covid-19, has taken 1,380 lives and infected 63,851 people, according to Chinese authorities. In a ...

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02/11/2020

Good Evening, Market players decided they weren’t going to worry about the corona virus today after a statement by China’s minister of health that the virus would be significantly better by April. I expect there will be another bout of selling or two on this subject, but today’s news was positive and left us to focus on earnings and economics. We talked about this in a recent blog. The economy and corporate earnings are what determine where the market is ...

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02/04/2020

Good Evening, Today the Chinese Central Bank better known as the PBOC (People Bank of China) increased it’s stimulus for their market. The idea of course is to give their economy a lift through the corona virus outbreak. They knew that the corona virus would definitely be a short term drag on their economy. So they decided to give it a boost by injecting 1.7 trillion yuan into their financial system using something called reverse repos. Don’t ask me what ...

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01/31/2020

Good Evening, Just a quick note this evening after an obviously turbulent day. The Corona Virus is spreading and today the US Center For Disease Control quarantined all Citizens being repatriated from China. Investors decided today that the Corona Virus is indeed going to take a toll on the world economy. There continue to be reports of supply chains being interrupted due work closures as a result of the virus. It seems that most of the early news underestimated the ...

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01/30/2020

Good Evening, You will all be glad to know that we’ve finally got our internet problem solved. As some of you know we have been looking for our final retirement home. We stayed in our camper while we looked so the internet situation was not very good. Add that to a crazy schedule and it was hard to post this blog. Well we finally settled on a home under construction in the Smoky Mountain/ Cherokee National Forest Area which is ...

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01/21/2020

Good Evening, Before anyone asks, I think it’s a buying opportunity! My charts are still good, corporate earnings are still good (Netfix and IBM both posted earnings beats just today),  the China deal is still intact, Brexit is a go…..and we have a virus….No Sir, not selling, I’m all in for now….. So what’s up. The corona virus. Do any of you remember the SARS virus? It started in China after somehow being transferred from animals to humans. I ...

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