I think the US broad-market indices are looking frothy, but there are still some sectoral opportunities, such as in the consumer cyclicals (XLY); I also think there are opportunities in global equities compared to the US equities (VEU); US credit looks frothy on the surface, but with FED buying, there is still room for growth (LQD). Allocations: VEU 10% LQD 40% XLY 50% Placing these trades shortly. None of my posts represent an investment advice, and are provided for entertainment purposes only.
Sold all three positions Friday, 6/19 at market close. Here are the results for the last two weeks: I'll post next week's trades on Monday. None of my posts represent an investment advice, and are provided for entertainment purposes only.
Executing these buys as we speak: FDN 10% XLV 10% VOX 10% LQD 50% SPY 10% DBA 10% I'll post the explanations later this morning None of my posts represent an investment advice, and are provided for entertainment purposes only.
Reasons: FDN, XLV, VOX - sectoral plays on COVID beneficiaries; DBA - agriculture has lagged in the market resurgence, and looks cheap; LQD - corporates are beneficiaries of the fed buying; SPY - opportunistically adding the benchmark to the mix on lower open. None of my posts represent an investment advice, and are provided for entertainment purposes only.
I think when the recovery in equities picks back up, it will be led by the Internet, Communications and Healthcare stocks. In case of incomplete recovery, Credit will benefit. Hence, I am keeping FDN, VOX, XLV and LQD positions. Selling SPY and DBA this afternoon, and rotating into heavens – Yen and Gold (FXY and GLD) at approximately 10% of the portfolio each.
Last week's results: None of my posts represent an investment advice, and are provided for entertainment purposes only.
Keeping all positions for another week, for all the same reasons (FXY, GLD, FDN, VOX, XLV and LQD). None of my posts represent an investment advice, and are provided for entertainment purposes only.
Closed out LQD, XLV and FXY positions today. Kept GLD, as I think gold will continue on its path due to the extraordinarily lose monetary policy, COVID and politics aside. To that end, adding more gold exposure through IAU. Keeping FDN and VOX, as internet and communications continue to drive the US equity momentum. For this reason I piled more into Tech via the broader-market QQQ. Allocations: FDN 10% GLD 10% IAU 55% VOX 10% QQQ 15% Below are the results for the last two weeks, and current allocations: None of my posts represent an investment advice, and are provided for entertainment purposes only.
Taking profit on the gold positions today - selling GLD and IAU shortly. Rotating into Base Metals (DBB) and Chinese Equities (FXI), with the thought that both will benefit from the continued China recovery. Keeping the tech and communications positions (FDN, QQQ, VOX) for all the same reasons as last week. Approximate allocations for DBB and FXI are 45% and 20%. None of my posts represent an investment advice, and are provided for entertainment purposes only.