I apologize for the shortness of my comments this week. Tax season is just too busy a time.
This last week commodity oriented funds and countries which produce commodities seem to gain the most.
This week only 10 of the 130 stocks I follow are not a buy. It was quite a good week.
While I do not think the bull market is here, even the S&P500 is above its 50 day moving average and crossing its 200 day moving average
IBD TBP’s Market Pulse is “Confirmed Uptrend ” as of 02/17/16. Time to buy.
While I dislike buying a fund which is going up fast (I perfer slow), FSAGX, SGold has been on the top 20 list for 6 weeks and my investment this week.
My current investments:
IRA#1
GovernmentCashReserves
IRA#2
GovernmentCashReserves
My portfolio changes this weekend:
IRA #1 – Invest 100% in SGold – FSAGX – or a similar performing ETF – GLDX
IRA #2 – Invest 20% in SGold – FSAGX – or a similar performing ETF – GLDX
My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 20% invested