WealthTrack, a show you can watch on PBS or ITunes, featured Ben Inker from GMO on the 20Apr show. GMO has a history of being right – Japan in the 80s, tech wreck in the late 90s, housing in the early 00s, market low in 2009 – and now is warning about perils in the bond market. Investors Business Daily says the current outlook is “Confirmed Uptrend.”
The sum of the deviations (900,1115,1202) is up for the last two weeks – time to invest.
The DJ Wilshire 5000 index is above its 50 day moving average and the average is increasing – time to invest. Last week I had an incorrect quote for SmallCapValue and it was not the #04 fund – it was 35. It improved this week to #30. However it is not in the top 20 and it is a buy week, so I will be selling it and buying SAutomotive the #03 fund. SBiotechnology is the #02 fund except its deviation from its 39 week exponentially smoothed average is declining.
My current investments:
SConstruction&Housing has a price of $56.34, a sell price of $53.52, a relative rank of 12, and is a hold.
SAirTransportation has a price of $47.86, a sell price of $45.47, a relative rank of 13, and is a hold.
SmallCapDiscovery has a price of $28.08, a sell price of $26.68, a relative rank of 21, and is a hold until it falls below the sell price or I need to sell it to buy a better fund.
SmallCapValue has a price of $18.97, a sell price $18.02, a relative rank of 30, and I will be selling it to purchase SAutomotive.
JapanSmallerCompanies has a price of $13.29, a sell price $12.63, a relative rank of 01, and is a hold in my IRA#1 and a hold in my IRA#2.
SAutomotive has a price of $46.09, a sell price TBD, a relative rank of 03 and is a buy for my IRA#2.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – Exchange the balance of my SmallCapValue fund for a new investment in SAutomotive.