So anybody think we should enter F Fund Friday?
Hi Bill
I'll give my opinion, which is probably counter to what most folks are thinking at the moment.
1) All the major indexes are in an uptrend
2) Seasonally speaking, now is the time to stay invested
3) In a bull market it's much easier to call a bottom, but much harder to call a top
4) When prices are compressed during an uptrend, the most likely scenario is a continuation of the uptrend (this is my opinion)
5) On the Auto tracker there are only 22 folks beating the C-Fund, that means roughly 900 folks have not timed the market correctly, it's just something to think about
6) Statistically speaking, it is better to end and start the month invested in stocks, I've validated this myself and it's also stated in the 2013/2014/2015 Trader's Almanac
7) With the Exception of the Russell 2000, every major index is currently at all time highs on the monthly scale, there is no sign of a pullback just yet
8) Over the past 20 days, F & C have traded in the same direction 13 times, you could make another 1% this year in bonds, but lose 3-4% not being in stocks
9) Although some may see us as overbought, if you wrap some bollinger bands around your indicators, you will probably see they are compressed and in the process of equalizing with prices
10) Lastly, of the Top 20, only 6 are in the G & F funds and some of those folks are in a risk-off setup because they have achieved their yearly goals