I received an email the other day saying the weekly quote I used for SSoftware&ComputerSystems was wrong. It was. Somehow I entered a price about 5% higher than it should have been. This did not really change anything but the relative ranking for that week, the relative deviation for several weeks, and the sell price. One of the ways to check this is to look at the interactive chart on finance.yahoo.com for any stock or fund (FSCSX in this case). Choose a technical indicator of Exponential Moving Average (EMA) and select a line period of 200. That is just about the same results an my calculation. Then looking at Historical Prices, you can pick the most recent weekly close. Just watch out for distirbutions. I’ve not found a charting system which adusts for distributions.
Dorsey Wright & Associates, dorseywright.com, produces a weekly podcast each Wednesday. I thing about 60% of the time it covers little which is interesting. On 03/13/14, it covered details of why the market uptrend will continue. One of their favorate sayings is “What is, is.” In other words, what you think about marked direction does not matter. What is, is.
IBD TBP’s Current Outlook is “Uptrend Under Pressure” – not time to invest.
My current investments:
Nordic has a price of 45.10, a sell price 43.97, a relative rank of 11, and is a hold.
SSoftware&ComputerServices has a price of 121.03, a sell price 118.43, a relative rank of 10, and is a hold. Sell price corrected by using the correct closing prices.
SAirTra0nsportation has a price of 60.71, a sell price 59.32, a relative rank of 16, and is a hold.
SBiotechnology has a price of 213.53, a sell price 212.71, a relative rank of 02, and is a hold.
OTCPortfolio has a price of 81.91, a sell price 79.52, a relative rank of 07, 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 – 100% invested