I am a little late in documenting this: January was a poor month for many of my investments.
In January IRA#1 +7%, IRA#2 -0%, PDP PIE PIZ DWAS -2%, TQQQ -17%, TQQQ/SQQQ -19%, Power4 +0%.
For the last 3 months, IRA#1 +12%, IRS#2 +4%, PDPetc -2%, TQQQ -14%, TQQQ/SQQQ -19%, Power4 +3%.
January portfolio changes:
IRA#1 – None.
IRA#2 – None.
PDP PIE PIX DWAS – None.
TQQQ – Sold last 50% TQQQ on 01/05, purchased TQQQ on 01/09, sold TQQQ on 01/15, purchased TQQQ on 01/23, sold TQQQ on 1/27.
TQQQ/SQQQ – Purchased SQQQ on 01/06, sold SQQQ on 01/05, purchased TQQQ on 01/09, sold TQQQ on 01/15, purchased TQQQ on 01/23, sold TQQQ on 1/27.
Power4 – Sold PSL on 01/05, sold PUI on 01/27.
TQQQ and TQQQ/SQQQ losses were caused by the 8% stop loss and the volatility of the two ETFs. IBD’s program was set up to use QQQ and I felt, perhaps incorrectly, if QQQ can do well, triple -TQQQ- can do it better.
IBD TBP’s Current Outlook is “Confirmed Uptrend” – time to invest.
I’m still convinced the market is peaking, but will follow the trend.
My current investments:
SPharmaceuticals has a price of 22.96, a sell price 21.81, a rank of 11, and is a Hold.
SBiotechnology has a price of 246.70, a sell price 234.37, a rank of 01, and is a Hold.
SHealthCare has a price of 235.48 a sell price 223.71, a rank of 04, and is a Hold.
SAirTransportation has a price of 74.93, a sell price 71.18, a rank of 15, and is a Hold.
SElectronics has a price of 89.30, a sell price 84.84, a rank of 03, 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