Well February of 2015 so far has been kicking ass just like February 2014. We have one more full week before the close of the month and if prices continue to rise in the I-fund, it will be a monthly buy. I thought that the I-fund was the top kickass fund this month but the C and S are holding their own also. The S-fund is up 6.39% for the month and the C is up 6%. Where the i-fund wins is the year to date. I is up 6.72% for the year verses the S at 4.43% and the C at 2.83%. So even though January sucked, February came roaring back to put us all into the green.
If you were lucky or smart enough to buy the day the I-fund hit that low on 1/6/15 and held it till last Friday, you would be up 12%. I point that out not because someone did it or someone claims to, but the fact that the I is up 12% since that point without hardly a stall. It is going to slow down eventually and or consolidate because someone is going to take a profit eventually. What I would like to see happen next week is that it grinds all week long but by Fridays close, it is above the 10 period moving average on the monthly chart. I will be looking to get into the I-fund at the end of the month. Things are definitely looking up here. Since price currently is above the monthly purple line, I’m changing the monthly sell to a hold in case someone already owns it.
Bonds did absolutely nothing last week but grind sideways and give a little bit back. There are still two warnings on the daily chart. If your in bonds currently, it is still a hold.
We just sit back and watch here because the C-fund is making new all time highs and it appears to be ready to start climbing the wall of worry.
S-fund is the leader here and what we have been looking for since last July. No warnings and making new all time highs. I figure in time there is going to be a pull back or consolidation. What we want to see happen when it does, it a new higher pivot low that is higher than that $1064 level. The blue line that is still on the chart.
So there you have it. It was another very big week on the market and I hope all of those reading this got some of it. So far this year, January 2015 was just like 2014. February is also mirroring 2014. So if March replicates 2014, it will be flat. Either way, I’ll be playing my monthly moves looking to make as much as I can. Closing in on a 7 figure TSP account. I’m about 3% move to the upside away.
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