MrJohnRoss' Account Talk

MR JR,

Let me ask you a question, if I jump out of stocks tomorrow, into G let's say; will that be a move for Feb or March, since it takes place on Monday?

An IFT made before 12:00 Noon Eastern Time will transfer your funds the same day. Otherwise your transfer will occur the following business day, in this instance, Monday March 2nd.
 
MR JR,

Let me ask you a question, if I jump out of stocks tomorrow, into G let's say; will that be a move for Feb or March, since it takes place on Monday?
As long as you get the IFT in before Noon tomorrow it will go in at the end of the day and count toward February.
 
UUP was up +1.04% today. That's likely to hurt the performance of the I Fund, as EFA closed down -0.28%. That could put the total near -1.32%.

I'm expecting all the funds to be down, except the G Fund, of course.
 
UUP was up +1.04% today. That's likely to hurt the performance of the I Fund, as EFA closed down -0.28%. That could put the total near -1.32%.

I'm expecting all the funds to be down, except the G Fund, of course.

I wish I could find a way to trade the overseas markets when I'm at home and they are open :(
 
UUP was up +1.04% today. That's likely to hurt the performance of the I Fund, as EFA closed down -0.28%. That could put the total near -1.32%.

I'm expecting all the funds to be down, except the G Fund, of course.

FV for the I Fund turned out to be a good one, with the I Fund only down -0.16%. That was actually better than the F Fund, which lost 20 ticks.
 
You could also sell your house and make your new home your new private jet! :laugh:

I would suggest the Internet but it has now become extremely regulated.
 
You could also sell your house and make your new home your new private jet! :laugh:

I would suggest the Internet but it has now become extremely regulated.

i swore a long time ago i would never again live in a house that came on wheels. although if i was going to live in a mobile home, it would be a boat not a plane. because humans can swim, but they cannot fly.
 
Updated 60 minute chart of the S&P 500. Comments below:


S&P.png


With February coming to a close, the S&P appears to be running out of gas, and needs a rest. Notice the PPO has three distinct peaks, each successive one smaller than the previous one. I've drawn in the Raff regression channels (blue lines) along the S&P candle line, which, if penetrated, would be the first area that would be of concern if prices fall that far. The next support line is likely to be the 2085 area (green line), and then possibly the 2072 area (red line). We're not talking about a bear market here, folks. If we hit the red line, we'd only be down -1.8% from our current levels. Not a biggie.

Of course, those of us who like to sidestep these downturns will have to be pretty nimble, and use our IFT's very judiciously. I like to try to be fully invested at the beginning of each month, but I may have to play it by ear tomorrow to see if I'm willing to go to cash.

I've pared down my 401k stock exposure just a tad, but not ready to throw in the towel yet. It's at an all time high, so I'm raking in every penny the market sends my way. BIB and TQQQ have been very good to me this month.

Wish us luck!
 
Very little movement in the major indices today. This is a nice change compared to the wild up and down swings we saw in January on a daily, and sometimes hourly, basis. EFA is doing just fine today, so I'll be holding my I Fund position going into March.
 
The McClellan Oscillator Summation Index (MOSI) is still climbing, but momentum is slowing (see below). The same can be said for the $TICK. It's been a great month, with the Dow up 1,059 points so far. But all good things must come to an end. My forecast for March is for this uptrend to run into headwinds pretty quickly. Let's hope I'm wrong.

Update on the S&P 500 MOSI indicator. As expected, the indicator has gone negative. To minimize whipsaws, I use the 5 DMA as a signal trigger. If the markets are down on Monday, I would expect the MOSI to flash a sell signal. The $TICK has not flashed a sell signal yet, but I haven't done a statistical comparison of these two indicators. There's always a tradeoff with getting out at the first sign of a downturn, with getting whip-sawed out, only to see the markets suddenly turn higher.


MOSI S&P500.jpg
 
Updated 1 hour chart of the S&P 500:


spx.png

Just catching up on the markets today, as I had a big project that lasted all day. Was pleasantly surprised to see how well the markets performed. S&P back up near an all time high, and the Nasdaq finally closed above 5,000, which bode well for TQQQ, which was up 2.70% today. Not bad. The MOSI turned back up today, but it's still skirting along the edge of the trigger line for a sell signal. The next day or two will be important to see if this rally will last a little bit longer, or if the cycle timing band has gotten too far stretched. I'm guessing that the rally won't last too much longer. I'll keep my eyes peeled for the tell tale signs...
 
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