Returns for the month of May were mostly positive. I haven’t reported these numbers for a month or two because for most of January and February I was not invested.
The S&P500 was up 0.27% in May and up 6.45% over the last 3 months.
In May IRA#1 24%, IRA#2 3%, PDP PIE PIZ DWAS -1%, QQQ -4%, SPY/RSP 1%, DWTR 0%.
For the last 3 months, IRA#1 24%, IRS#2 5%, PDPetc 3%, QQQ 1%, SPY/RSP 5%, DWTR 1%.
May portfolio changes:
IRA#1 – None – Invested in FSAGX
IRA#2 – Purchased FSJCX 04/18 – Invested in FIUIX, FJSCX, FRESX, FSAGX, FDRXX
PDP PIE PIX DWAS – None – Invested in PDP, PIE, PIZ
QQQ – None – Invested in QQQ
SPY/RSP – None – Invested in RSP
DWTR – None – Invested in DWTR
Last week I mention Jeffery Gundlach who was the guest on Wall Street Week. On 13May he said, “I’m sticking with my ‘2% upside and 20% downside’ prediction on U.S. stocks. It’s working. I can see it going to 1,600.” The whole interview report is on thinkadvisor.com. The S&P500 is currently 2046.61.
As I have previously mentioned before John Pugliano in his Wealthsteading podcast on 19Mar emphasized using the S&P500 100 day moveing average. SPY which is an ETF which matches the S&P500 is at 204.76 and the 100 day moving average 199.71 His indicator would say it is time to remain invested.
IBD TBP’s Market Pulse is “Uptrend under pressure” as of 04/21/16. Not a time to buy.
My current investments:
IRA#1 and IRA#2
SGold has a price of 22.50, a sell price of 22.13, a rank of 01, and is a Hold.
IRA#2
Telecom&Utilities has a price of 24.58, a sell price 23.25, a rank of 03, and is a hold. (ETF – PUI current stoploss 24.13)
RealEstatePortfolio has a price of 43.13, a sell price 41.67, a rank of 02, and is a hold. (ETF – REZ current stoploss 62.47)
JapanSmallerCompanies has a price of 14.27, a sell price 13.70, a rank of 11, and is a hold. (ETF – SCJ current stoploss 56.73)
In reviewing the numbers this week I found an error I made on the quote for SGold on 4/29. I had a closing price of 23.69 and it should have been 23.29. This resulted in a minor decline in its percent deviation since then and a more important change in its sell price. I recalculated the sale price after fixing the error.
My portfolio changes this weekend:
IRA #1 – No Change
IRA #2 – No Change
My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% invested