This week we focused on the U.S. side of our paper money portfolio. Our portfolio began the day with a balance of roughly $570,000, with only $397,000 invested. Well below our limit of more than $460,000. Our rules have been keeping us from being fully invested for sometime, this week was no different.
This wee only saw us liquidate one position. We let go of the rest of our position in $XLF on continued 3 month relative strength weakness. Also worth noting, $XRT is now underperforming against our benchmark, $ACWI on a 3 month basis. However, because $XRT is underperforming by less than 1%, we will not sell any of the position, rather we will not add to it.
This week we added to our positions in $XLK, $XLV, $XLC. We would have added more to our existing position in $XLRE, but we have reached our max allocation in real estate.
In U.S. sector 2, we added $XHB and $KCE. Various rules kept us from adding positions in $RWR, $XSW and $XRT, as mentioned above.
We start September with a bullish but cautious posture. Watch todays video to see how we use Chaikin Analytics alongside our own rules to manage a simulated paper money ETF portfolio.
This wee only saw us liquidate one position. We let go of the rest of our position in $XLF on continued 3 month relative strength weakness. Also worth noting, $XRT is now underperforming against our benchmark, $ACWI on a 3 month basis. However, because $XRT is underperforming by less than 1%, we will not sell any of the position, rather we will not add to it.
This week we added to our positions in $XLK, $XLV, $XLC. We would have added more to our existing position in $XLRE, but we have reached our max allocation in real estate.
In U.S. sector 2, we added $XHB and $KCE. Various rules kept us from adding positions in $RWR, $XSW and $XRT, as mentioned above.
We start September with a bullish but cautious posture. Watch todays video to see how we use Chaikin Analytics alongside our own rules to manage a simulated paper money ETF portfolio.
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