August was a profitable month. In August my 5 portfolios, IRA#1 up 4%, IRA#2 up 1%, PDP PIE PIZ DWAS up 5%, TQQQ up 9%, TQQQ/SQQQ up 1%. For the last 3 months, IRA#1 +8%, IRS#2 -1%, PDP… +8%, TQQQ +25%, TQQQ/SQQQ +17%.
August portfolio changes:
IRA#1 – Sold SElectronics on 8/11 and purchased SBiotechnology.
IRA#2 – Sold Nordic on 08/04, SNaturalGas on 8/04, SAirTransportration on 08/04, STransport on 08/11, SElectronics on 8/11, and purchased SBiotechnology on 8/19, SElectronics on 8/25.
PDP PIE PIX DWAS – Sold PIE on 8/18 when the 3 month gain turned negative and purchased DWAS. Current positions are DWAS 50%, PDP 33% and PIE 17%.
TQQQ – Sold TQQQ on 08/01 and purchased TQQQ on 8/14.
TQQQ/SQQQ – Purchased SQQQ on 08/06, sold SQQQ on 8/14, and purchased TQQQ on 8/14.
My investing rules for these portfolios are on my web site:
1 – for funds https://www.flynndj.com/my-iras/fund-evaluation-method/
2 – for ETFs https://www.flynndj.com/7-etf-investment-study/
I suggest you sign up for the webinar which Gary Kalbaum is offering on 09Sep14 at 4:15pm. If you are busy sign up anyway because he plans to make an archive available. Sign up at www.garyk.com. It is free without obligation, but you will probably, as I have, get a call from them asking if you have questions
IBD TBP’s Current Outlook is “Confirmed Uptrend” – time to invest. Both the S&P500 and NASDAQ have had a distribution day. The number of distribution days are an indication of major investor selling. One is not significant, but four or more are indication the uptrend is ending.
My current investments:
SBiotechnology has a price of 213.87 a sell price 207.96, a rank of #3, and is a Hold.
SElectronics has a price of 81.04, a sell price 76.99, a rank of #1, and is a Hold.
SHealthCare has a price of 218.39, a sell price 207.47, a rank of #2, and is a Hold.
SUtilities has a price of 77.03, a sell price TBD, a rank of #18, and is a buy. SUtilites is the only of the top 20 funds I do not owned which has had an increasing deviation from its moving average.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – Buy SUtilities
My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% invested