Previously I have mentioned some other investment methods I have been trying and I have the results for the there months ending in April.
My standard #1 IRA portfolio (1 fund) lost 1.37%.
My standard #2 IRA portfolio (5 funds) gained 1.41%.
My PDP, PIE, PIZ, DWAQ momentum portfolio lost 6.05%. I would have lost more except I had an 8% stop loss on each position and I’ve now decided to invest only when IBD TBP CO is “Uptrend”.
My TQQQ investment based on IBD’s ETF trending system lost 13.04%. I did not have any stop loss orders in on this position but will in the future. Currently the system says stay in cash.
My TQQQ/SQQQ investment based on IBD’s ETF trending system lost 24.39%. In this system instead of selling half of the TQQQ when IBD TBP CO says “uptrend under pressured”, I sell it all and when IBD TBP CO says “Market in Correction” I buy the SQQQ. Like the TQQQ investment, I did not have any stop loss orders in on this position. When I finally put some in, I was stopped out of the SQQQ and now am invested in cash. I’m not sure if I want to continue with this method or change to investing in the 15 new DWA Momentem ETFs of which over the last 13 weeks PXI is up 14%, PUI is up 7%, PYZ is up 6%, and PIE is up 5%. Either way I think I will wait until IBD TBP CO says “Uptrend”.
I received a advertisement from Mark Skousen telling me how I should send him money to follow his investments. In the advertisement he had an interesting fact: Since the Federal Reserve Board (FRB) is keeping interest rates low we are paying $250B in interest on the government debt. If interest rates to up to 5% the interest will be $1T, if interest rates go up to 10% (like the 80s) interest will be $2T, and currently total tax revenue is only $2.5T.
A guy is walking along a beach when he comes across a lamp partially buried in the sand. He picks up the lamp and gives it a rub. A genie appears and tells him he has been granted one wish. The guy thinks for a moment and says, “I want to live forever.” “Sorry,” said the genie, “I’m not allowed to grant eternal life.” “OK, then, I want to die after the government balances the budget and eliminates the debt.” “You crafty little bastard,” said the genie.
This was sort of a dull week in the market. The DJIA and S&P500 were down about 0.5% and the Nasdaq was down about 1%. Not sure why both my funds were up for the week. However more and more market charteristics, which happen only at the top of markets, are happening. I’m not sure the next move is down – but that is the way I would guess.
IBD TBP’s Current Outlook is “Market in Correction” – not time to invest.
My current investments:
Nordic has a price of 47.74, a sell price 45.35, a relative rank of 01, and is a hold.
SAirTransportation has a price of 62.80, a sell price 59.66, a relative rank of 04, 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 – 00% invested
IRA #2 – 40% invested