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

Good Morning, While we don’t have a a fiscal stimulus package from congress yet, it is looking like there is an increasing amount of pressure to get one passed. That coupled with a new buy signal from the PMO on our chart for the S Fund has compelled us to move back into the stocks at 100/S. We are putting in an interfund transfer for 100/S effective at the close of business today. We will not hesitate to return to ...

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09/29/2020

Good Evening, The market took a pause after three consecutive sessions of moving up. A rise in consumer confidence kept the selling reasonable so I guess you could say that it was more of a pause than a sell off. However, a lot of investors chose to lighten their load ahead of the Presidential debates later tonight. They definitely have the power to move the markets so some investors just weren’t willing to hold while they are taking place. Make ...

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

Good Morning, 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 accumulate in ...
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09/23/2020

Good Evening, Today tech stocks continued to struggle dragging the broader market with them. Investors remain confused on whether or not to invest in big cap tech stocks with a high valuation or traditional value stocks such as industry, energy, or brick and mortar stores whose areas are considered to be mature. I would tend to describe them as long in the tooth. An example might be brick and mortar stores being replaced by online retailers. Todays consternation was caused ...

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09/15/2020

Good Evening, The market started the week by bouncing back from last weeks sell off led by the tech sector. While the broader market is participating to a somewhat greater extent it is still tech that is defining the direction that this market goes. I believe it has a lot to do with the fact that tech is just a larger part of things than it used to be. It is true that tech led one of the greatest rallies ...

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09/09/2020

Good Evening, Just a reminder to all those of you who are panicking because the market dropped over 5%. Actually 10% in the Nasdaq. It is normal for a healthy market to experience three or four dips and at least one correction of 10% or more in a year. Add to that the fact that September and October are the worst months of the year for the market coupled with the recent strong run in stocks and the sell off of ...

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09/07/2020 More analysis from Wayne!

Good Evening,

From a momentum perspective,  last weeks trading was just profit taking and panic selling induced by computer algorithms so they can position themselves for the next leg of upside that will surely come.  The economy is still in recovery mode. Granted, pullbacks are never fun, but they’re quite common. And typically, quite healthy.
 If you click on the charts they will become larger.

09/04/2020

Good Evening, So tech finally sold off and it took the broader market along for the ride. The writers who have to write came up with a reason. They say the valuations have gotten too high on tech stocks. I agree with that just a little bit, but only a little. Stocks like Apple (AAPL) and Nvidia (NVDA) have a lot of potential for growth and if you don’t think so check out the last few reports for each company. ...

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08/26/2020

Good Evening, Just when you though it couldn’t do it, the market marched higher to new records today. Stocks were looking a little weak in the morning session but received a shot in the arm when a report was released saying Durable Goods orders had increased beyond expectations. U.S. durable goods orders jumped by 11.2% in July, easily topping a 4.3% estimate. When you couple that with a blowout earnings report from mega tech firm Salesforce.com, declining Corona Virus cases, improving ...

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