I really thought the Fed would come out and make some statements to cause the market to go up, they did not, but perhaps they are working behind the scene. I am surprised how well the market did this week. I still think the market is due for a greater decline but I’ve been wrong before.
I am a little pressed for time this weekend, the tax business is keeping me busy all Sat. and Disney all Sun.
IBD TBP’s Current Outlook is “Market in Correction” – not a time to invest.
My current investments:
SAutomotive has a price of $54.03, a sell price $53.51, a relative rank of 75, and will be sold when I need to exchange it for another fund or it passes the sell price.
Nordic has a price of 44.00, a sell price 42.75, a relative rank of 11, and is a hold.
SSoftware&ComputerServices has a price of 118.66, a sell price 114.22, a relative rank of 05, and is a hold.
SAirTransportation has a price of 59.43, a sell price 58.74, a relative rank of 12, and is a hold.
SBiotechnology has a price of 205.51, a sell price 197.07, a relative 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 – 100% invested
IRA #2 – 100% invested