This week we managed our country level 1&2 holdings as well as our macro portfolio.
While we had no liquidations in country level 1, France is close to hitting a liquidation trigger. We added to our Canada ($EWC) holdings, and sat with our France ($EWQ) holdings.
In country level 2 holdings, we were forced to liquidate half of our position in Netherlands ($EWN) as 3 month RS performance fell more than 1% below that of the $ACWI.
Lastly, we liquidated our remaining copper position ($COPX) and right sized a heavy position in $UGA
It is becoming noticeably difficult to find ETF's to add that meet our rules. This week, with plenty of cash to put to work, We added in $EWC, $RSX, $UNG, $DBC. All of which are very obviously tied to commodity prices, most specifically energy. The concentration of the additions makes us a bit nervous, but we follow our rules.
Watch todays video to see how we use Chaikin Analytics alongside our own rules to manage a simulated ETF portfolio.
While we had no liquidations in country level 1, France is close to hitting a liquidation trigger. We added to our Canada ($EWC) holdings, and sat with our France ($EWQ) holdings.
In country level 2 holdings, we were forced to liquidate half of our position in Netherlands ($EWN) as 3 month RS performance fell more than 1% below that of the $ACWI.
Lastly, we liquidated our remaining copper position ($COPX) and right sized a heavy position in $UGA
It is becoming noticeably difficult to find ETF's to add that meet our rules. This week, with plenty of cash to put to work, We added in $EWC, $RSX, $UNG, $DBC. All of which are very obviously tied to commodity prices, most specifically energy. The concentration of the additions makes us a bit nervous, but we follow our rules.
Watch todays video to see how we use Chaikin Analytics alongside our own rules to manage a simulated ETF portfolio.
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