Our Macro-Monday market analysis and the introduction of a new Chaikin trading system in today's video.
Thursday and Friday we managed our ETF portfolio. Here are the trades.
We are holding on to just north of $6,400 in unrealized gains in our portfolio. Below, we're showing out total holdings in the first and second tier Country and Macroeconomic ETF categories. Next week, we'll be back to trading US Sector and Subsector ETF's, combing Chaikin Power Gauges and relative strength. Here's a link to our trading meeting video.
ETF Portfolio management today. Our rules forced us to fully liquidate a South America country #2, as the rotation away from south america continues. Western Europe appears to be the flavor of the week, so we take a bite. Watch our video to see how we are doing.
It's Relative Strength Wednesday. Industrials, Tech, Discretionary and Communications most persistent and with strong fundamental outlooks. Some of the ETF's are showing "valuation" rich signs, and some caution about overpaying for extremely overbought sectors is warranted. Remember it's "VERY BULLISH" power gauge ratings that substantially outpeform the market over time. Bullish stocks and (we assume) ETFs, tend to pace with the market when market conditions are also bullish. Below is how each sector ETF breaks down.
Relative Strength Wednesday. We combine Chaikin fundamental and technical factors into our proprietary scoring system and trend US market sector relative strength from week to week. What makes this unique is that it is much about where money is likely to head in the next few months as it is about where it has been flowing in recent months. A slightly more forward weighted look based on Power Bar differentials and ETF Power Gauge ratios combined with money flow, direction of trendlines and 1 mo, 3 mo and 6 mo price performance.
it's a travel day for us and we encountered some video issues but we found time to connect via phone just before the market close to manage and add to our Macro holdings, as we continue to build our simulated ETF portfolio.
We manage our simulated ETF portfolio today. Surprisingly, we were forced to liquidate several of our country level1 and level 2 holdings, as our key objective of Relative Strength vs the ACWI fell among many of our ETFs.