We went into Thursdays meeting more than $100K under invested ( paper money, of course) we remain underinvested. Our rules have kept up from being fully invested for more than 8 weeks now. Our rules also continue to get us out of current holdings. This week, as we concentrated on the U.S. side of our paper portfolio, we liquidated half of our position in $XLV on a break of 3-month relative strength and a full liquidation of or $XRT position on a 6-month break.
We did make a few additions. This week we added to our positions in $XLK, $XLC, $XHB and initiated a new position in $XSW.
The market has been telegraphing caution, and we have. The narrowing breadth has been apparent for sometime. We remain significantly under-invested. Watch todays vide to see how we use our own rules alongside Chaikin Analytics to manage a paper portfolio of ETFs.
We did make a few additions. This week we added to our positions in $XLK, $XLC, $XHB and initiated a new position in $XSW.
The market has been telegraphing caution, and we have. The narrowing breadth has been apparent for sometime. We remain significantly under-invested. Watch todays vide to see how we use our own rules alongside Chaikin Analytics to manage a paper portfolio of ETFs.
RSS Feed