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.