Sunday Update: 15 October 2017

Current Allocation: 100% F Fund

If you’re looking at the Current Allocation and wondering if you missed something, please read the ALERT that went out this weekend for all the details.  Also, log into the Member Dashboard and take a look at the video explanation of the ALERT.

The stock funds edged a bit higher this week but, it looks like they’re running out of steam.  The stock funds are overdue for a correction before heading higher into 2018.  The best place to wait before getting back into the stock funds right now is the F fund.

Short Term

We didn’t see much movement this week in the C fund. While it did drift a bit higher, there was very little volatility and the technical indicators are rolling over.  This rally appears to be running out of steam…

Long Term

Because we didn’t see much movement or volatility, the long term charts of the C and S funds didn’t change much this week.  They still look pretty strong with the MACD and Stochastic staying positive for the past 2 weeks and the RSI over bought on both charts.  There is room to run higher into 2018 but, in the short run, we should see a pull back before the run up.  

The I fund is a different story.  As we noted last week, we saw a nice 4 week tight consolidation and expected the next move to be up.  That’s exactly what we got this week.  As long as the I fund continues to stay above the trend line, you are good to go if invested in the I fund.

While there wasn’t much change in the stock funds this week, the F fund gave us a great opportunity for some short term gains while waiting for the stock funds to consolidate.  Please post questions to comments and have a great week!

Jerry