An interesting view of the market is http://www.advisorperspectives.com/dshort/updates/Market-Cap-to-GDP . The highest peak was back in 2000, then a lower peak in 2008, and today’s peak is the second highest.
A look at the gaining Fidelity funds indicate emerging markets, Canada, LatinAmerica and Asia countries are going up (or maybe the dollar is going down)?
Two other items – 1. This note is short since I am still working 70+ hour per week. 2. Please watch the funds closely, I am planning to be away from my computer next week – thus no weekly report until I return later in the week.
IBD TBP’s Market Pulse is “Confirmed Uptrend” as of 04/13/16. Time to buy. So Monday Fidelity published the correct distribution numbers for last Friday. Not many changes but there were some. It would be nice to have Fidelity get it right. This week the Friday distributions were published – they got it right.
My current investments:
IRA#1 and IRA#2
SGold has a price of 20.61, a sell price of 19.58, a rank of 01, and is a Hold.
IRA#2
Telecom&Utilities has a price of 24.24, a sell price 23.22, a rank of 04, and is a hold. (ETF – PUI current stoploss 23.69)
RealEstatePortfolio has a price of 42.65, a sell price 40.86, a rank of 03, and is a hold. (ETF – REZ current stoploss 61.36)
JapanSmallerCompanies has a price fo 14.42, a sell price TBD, a rank of 07 and is a buy. (ETF – SCJ)
The number 4, 5 and 6 funds have not had an improving deviation for the last two weeks.
My portfolio changes this weekend:
IRA #1 – No Change
IRA #2 – Purchase 20% JapanSmallerCompanies
My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% invested