SAutomotive and JapanSmallerCompanies are doing ok, but SBiotechnology is not. Based on just the 5% decline from the highest weekly close since owned, it should be sold and I have a 3.2% loss on my position. However, I have not owned it for 30 days and do not want to violate the dumb, stupid Fidelity rule on round trip trades. They get nasty. Next week I will have owned it 30 days and we shall see what happens.
The sum of the deviations (899,874,869) is not up for the last two weeks – not time to invest.
The DJ Wilshire 5000 index is above its 50 day moving average and the average is increasing – time to invest. Both trends are not up – not time to invest.
My current investments:
SAutomotive has a price of $55.03, a sell price $52.28, a relative rank of 01, and is a hold.
SBiotechnology has a price of $166.97, a sell price $169.78, a relative rank of 05, and is a sell – see above.
JapanSmallerCompanies has a price of $13.95, a sell price of $13.50, a relative rank of 02, 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 – 60% invested