PMF 10.13.16

Currently (7:25 AM CST) the Dow Futures are trading up over 60 points.  If this continues into the open, watch to see if profit taking hits after the first thirty/forty minutes.  The Algorithm traders have yesterday’s data built into their buy sell programming for today. 

I am attending an all-day conference.  Here is my chart/post for today.
In my new series I analyze charts from the current Q3 2016, All-Star A&B list to see if they received a Simple Simon Buy Signal after the February 2016 pullback. 

This will give valuable “insight and practice” on how to analyze funds for “Garden Growing” candidates!

Today I feature PMFPIMCO Municipal Fund

Key Points on PMF…

1.   Is NOT trading in correlation with SPX
2.   Has a consecutive dividend amount/payment
3.   A Simple Simon Buy Signal was generated after the February 2016 pullback
4.   Since the SS Buy Signal hit, PMF ran over 15%
5.   Here is what it did in 2007-2009…check out the consistent
dividend action

Keep an eye on the monthly dividend and current price.  See if it recovers and remains a future “Garden Growing” candidate.

Next week, I crunch the numbers/chart on PEY and others on the All-Star list.  

In November, I begin my new Simple Simon Buy/Sell System Scans. Don’t miss it!

Enjoy your weekend,

David O. England

Plan your work, work your plan, and share your harvest! Philippians 2:3-4

This information is for Educational purposes only. It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.

DAVID O. ENGLAND is the founder of the Eye on the Market-Training Academy and Associate Professor Emeritus of Finance. This column is presented for educational purposes only and not intended as financial advice.

If you have a question or comment, contact David England at

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