Doug Fabian’s 10 Strategies for Retirees to Lower Taxes and Create Income is a presentation available at http://www.fabianwealth.com/investor-education/teleseminar/. It may contain a strategy you can use.
IBD TBP’s Market Pulse is “Uptrend under pressure” – Not a time to invest. The S&P500 has a distribution count of 7 and the Nasdaq has a distribution count of 5. Much to my surprise, the count declined rather than increase for each index on Monday, the worst down day this year. Distribution days are added only when the volume increases on a down day and removed after 25 sessions due to lack of relevance.
My current investments:
SPharmaceuticals has a price of 23.92, a sell price 22.87, a rank of 03, and is a Hold.
SHealthCare has a price of 238.23 a sell price 229.81, a rank of 05, and is a Hold.
SBiotechnology has a price of 270.31, a sell price 259.98, a rank of 01, and is a Hold.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My portfolio market exposure after this weekend’s changes:
IRA #1 – 00% invested
IRA #2 – 60% invested