A very interesting discussion on the current Federal Reserve policy, which is been copied for countries all over the world, is featured in http://video.cnbc.com/gallery/?video=3000394325. The discussion points out that with the market supply and demand policy being controlled by governments, the value of all investments is invalid. It also suggest we are borrowing from the future by moving future demand to today. So we have a very weak recovery, being supported by future demand migration, with unreliable investment prices. Not a good senario.
IBD TBP’s Market Pulse is “Uptrend under pressure” – Not a time to invest. The S&P500 has a distribtion count of 5 and the Nasdaq has a distribution count of 4. The count is improving because previous distribution days are getting too old.
My current investments:
SPharmaceuticals has a price of 24.37, a sell price 23.15, a rank of 02, and is a Hold.
SHealthCare has a price of 240.22 a sell price 229.81, a rank of 05, and is a Hold.
SBiotechnology has a price of 274.03, a sell price 260.33, 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