ETF Portfolio Management
After a quick market assessment, we turned to managing our simulated ETF portfolio. Despite the moves earlier in the week, the rebound kept us in all of our holdings. The exception being FPX, which had been a part of our macro holdings, the only holdings that we maintain stop-loss orders, which led us to get whip-sawed out. Our long-term holding P/L is down on the week, as we continue to struggle and keep breakeven in sight, after starting this portfolio at the highs prior to last fall's selloff. Our system has kept us in the ETF sectors and Sub-Sectors outperforming our benchmark, the ACWI.