What an interesting month for markets this has been. As of COB today:
G Fund is at it's 14 day average, 0.1% above its 28 day average, 0.2% above its 50 day average, and 1.0% above its 200 day average.
F Fund is 0.4% above its 14 day average, 0.3% above its 28 day average, 0.4% above its 50 day average, and 0.2% below its 200 day average.
C Fund is 0.4% above its 14 day average, 0.9% above its 28 day average, 0.4% below its 50 day average, and 4.8% below its 200 day average.
S Fund is 0.5% above its 14 day average, 1.4% above its 28 day average, at its 50 day average, and 1.9% below its 200 day average.
I Fund is 0.2% below its 14 day average, at its 28 day average, 1.8% below its 50 day average, and 6.2% below its 200 day average.
F Fund has crossed over its 50 day average, and it is on the verge of crossing over its 100 day average.
You all know I'm in capital preservation mode, and I'm in G Fund now. Here's what I'm thinking.
(1) August is not usually a great month historically.
(2) The last week has been enough to make a person motion-sick. And,
(3) I'm not expecting any huge things to happen to the market until September, when the ruling party will start trying to artificially prop a big gain into the market to boost the November election.
My heart is telling me to bet on C and S. My brain is telling me to bet on F! .... So I'm staying in G for a few days! :blink:
What can I say! :embarrest: I'm the #1 Perma-Chicklett! :laugh:
Lady