The Federal Reserves Board’s mandates are low unemployment and low inflation. So the question is, when viewing their actions, what are they accomplishing. http://www.zerohedge.com/node/476290 Just in case you have never followed Rick Santelli, several years ago (back in 2009) in one of his comments provided one of the sparks to start the Tea Party – he is really correct and right on target. http://www.youtube.com/watch?v=zp-Jw-5Kx8k Take a look at some of his other youtube comments. He tells it like it is.
The sum of the deviations (449,577,921) 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. Both trends are up – time to buy. SBiotechnology is #01 and SAutomotive is #02 and I own both. JapanSmallerCompanies is #03 and its deviation has been increasing for the last 2 weeks so is a buy. I probably should not have sold it in May, but when a fund starts to fall I never know if it is going to continue or bounce back
My current investments:
SAirTransportation has a price of $49.10, a sell price of $46.65, a relative rank of 37, and is a hold until if falls below the sell price or I need to sell it to buy something else.
SAutomotive has a price of $51.01, a sell price $48.46, a relative rank of 02, and is a hold.
SBrokerage&InvestmentMgnt has a price of $63.28, a sell price $60.12, a relative rank of 14 and is a hold.
SBiotechnology has a price of $161.59, a sell price 153.61, a relative rank of 01 and is hold.
JapanSmallerCompanies has a price of 13.11. a sell price TBD, a relative rank of 03 and is a buy in IRA#2.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – Buy JapanSmallerCompanies
My portfolio market exposure after this weekend’s changes
IRA #1 – 100% invested
IRA #2 – 100% invested