This weekend I was out of town working in Walt Disney World until Monday. One of the reasons WDW seems hotter is that they do not get the breezes we get here in Jupiter, but then the cost of gas is 2.05 and here in Jupiter it is 10% higher. Not sure why that is but for the last 8 years that I have been going to WDW, there has been at least a 10% difference.
One of the major changes this week has been the increase in the price of gold and gold stocks. While I am sure the concern of over the Brexit results caused it to go up quickly and I think due due for a dip. Based on numbers from etfscreen.com, JNUG, a leveraged junior gold miners ETF, was up 27% this week and 667% over the last 12 months. Next time Marty McFly goes back to the future, I hope he brings me the 01Jul17 etfscreen.com report.
IBD TBP’s Market Pulse was “Market in Correction” from of 06/29/16 and on 6/30/16 changed to “Uptrend Resumes”. Time to invest, but I am fully invested in the top 20 funds. The reason for the weekly gain may be window dressing for the end of the quarter, normal holiday gains, the Bank of England easing lending requirements, or maybe it was just recovery from the Brexit vote.
My current investments:
IRA#1 and IRA#2
SMedicalEquipment&Sytems has a price of 40.28, a sell price of 38.27, a rank of 02, and is a hold. (ETF – IHI current stoploss 126.70)
IRA#2
Telecom&Utilities has a price of 26.25, a sell price 24.94, a rank of 04, and is a hold. (ETF – PUI current stoploss 25.93)
RealEstatePortfolio has a price of 45.47, a sell price 43.20, a rank of 05, and is a hold. (ETF – REZ current stoploss 62.78)
JapanSmallerCompanies has a price of 14.91, a sell price 14.16, a rank of 09, and is a hold. (ETF – SCJ current stoploss 57.38)
SGold has a price of 26.47, a sell price 25.15, a rank of 01, and is a hold. (ETF – GLDX current stoploss 38.13)
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 100% invested