My new allocation today is 100% S-Fund. This replaced my previous 2 day 100% F-Fund allocation. I wanted to stay in the F-Fund longer while waiting for a pullback in stocks. But after the transports played catchup with a 4% rise, I chose to enter into the S-Fund for fear of being left behind.
After AGG's free falling freaky Friday fiasco, I thought it would be safe to bump up my position from 25 to 100%. However, I didn't give earnings season the respect it deserved and got burned with a .46% loss.
For the Hourly AGG chart. The good news is the 104.03 levels we talked about weeks ago, have held (for now.) The bad news is we have fallen below the higher of the two rising price channels.
Moving on. here is the Daily S&P 500. As you know, we've broken through and rested above the yellow trendline from the July-Sep swing lows. I also wanted to point out the 2 days of volume that closed above the volumes 20 SMA yellow line.
As for the S-Fund, it is virtually identical to the S&P 500. I'm somewhat perplexed by the lower MACD swing highs (seen on many of the charts) but we do have a positive crossover so for now I'll just wait for a break above the white trendline I've drawn in.
A look at the Monthly Dollar
You can see we are at the top of a steeply descending price channel. To add insult to injury, we are well below the Monthly 20 SMA and still have potential downside action within the lower bollinger band. For a comparison, the yellow line is the S&P 500.
Lastly, Nasa1974 was kind enough to have posted some S-Fund stats today. Here is a 15 minute look at the C&S funds side by side since the last October swing low. You can see the S-Fund (in red) is out performing the C-Fund (in green), and this is the main reason I chose S over C&I.
Take care and good luck!
After AGG's free falling freaky Friday fiasco, I thought it would be safe to bump up my position from 25 to 100%. However, I didn't give earnings season the respect it deserved and got burned with a .46% loss.
For the Hourly AGG chart. The good news is the 104.03 levels we talked about weeks ago, have held (for now.) The bad news is we have fallen below the higher of the two rising price channels.
Moving on. here is the Daily S&P 500. As you know, we've broken through and rested above the yellow trendline from the July-Sep swing lows. I also wanted to point out the 2 days of volume that closed above the volumes 20 SMA yellow line.
As for the S-Fund, it is virtually identical to the S&P 500. I'm somewhat perplexed by the lower MACD swing highs (seen on many of the charts) but we do have a positive crossover so for now I'll just wait for a break above the white trendline I've drawn in.
A look at the Monthly Dollar
You can see we are at the top of a steeply descending price channel. To add insult to injury, we are well below the Monthly 20 SMA and still have potential downside action within the lower bollinger band. For a comparison, the yellow line is the S&P 500.Lastly, Nasa1974 was kind enough to have posted some S-Fund stats today. Here is a 15 minute look at the C&S funds side by side since the last October swing low. You can see the S-Fund (in red) is out performing the C-Fund (in green), and this is the main reason I chose S over C&I.
Take care and good luck!
