RYDEX Fund NAVs & Assets

Last posted on September 14,2015
Updates in BLUE - Each of the funds below inched closer to their extreme readings

RYFXX - Rydex US Government Money Market
RYNVX - Rydex Nova Fund Investor Class (Long Fund)
RYURX -  Rydex Inverse S&P 500® Strategy Fund Investor Class (Inverse Fund)

RYFXX   3-10-09   $1,367Mil   3-10-15   $655Mil   9-9-15   $1,434Mil
                                                                                   9-14-15  $1,451Mil    
                                                                                 10-26-15    $862Mil  -$589Mil
RYNVX  3-11-09   $21.96 Mil  5-14-15    $177Mil   9-4-15       $53Mil 
                                                                                    9-14-15      $52Mil
                                                                                  10-26-15    $140Mil +$88Mil
RYURX   3-9-09        $353Mil   5-4-15   $58.34Mil   9-9-15    $148Mil
                                                                                    9-14-15   $172Mil
                                                                                  10-26-15   $117Mil  -$55Mil

The interesting data is that the Money Market Fund is higher now than at March 2009.
The Long Fund is $125Mil less now than at 5-14-15, but not as low as it was in March 2009.
t not as high as it was in March 2009.

Note that in March 2015 and in May 2015 the stock market made highs.  So the RYFXX, RYNVX and the RYURX were at extremes.  They are at extremes now but not all time extremes.

More evidence of a possible bottom, or near a bottom.

The following is from Oct 26,2015

Data Courtesy of Guggenheim RYDEX

Up above in BOLD is the dollar difference in each fund between Sept 14,2015 and Oct 26,2015.  Big swings have occurred that indicate the current bullishness of investors.  In the chart directly above you can see the dollar shift in each of the funds between Friday Oct 23rd and Monday Oct 26th.  Investors must have read a lot of bullish articles and or listened to bullish financial news programs over the weekend that influenced the buying of long funds and the selling of inverse funds and to put more money to work.
So is the market near a short term top or is this fuel to push the market higher and bring more dollars in to the market?
To move the market up a slow gradual shift of funds seems to be healthier than a big shift in dollars that you might see after a gap up (breakaway gap, runaway gap or exhaustion gap) or after a nice run up getting closer to a top.



Keep following JustSignals using Twitter, @StockTwits or Follow By Email. 
Just submit your email address in the box on the Blog homepage
This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results