Returns for the month of May were ok.
In May IRA#1 +1.4%, IRA#2 +4%, PDP PIE PIZ DWAS +1%, TQQQ 0%, TQQQ/SQQQ -7%, Power4 +2%.
For the last 3 months, IRA#1 +6%, IRS#2 +5%, PDPetc -0%, TQQQ -20%, TQQQ/SQQQ -25%, Power4 +0%.
May portfolio changes:
IRA#1 – None.
IRA#2 – Sold SRetailing and Purchased SBiotechnology on 05/26.
PDP PIE PIX DWAS – None.
TQQQ – None.
TQQQ/SQQQ – Purchased 2QQQ on 05/07, sold SQQQ on 05/18.
Power4 – None.
Starting 01Jul, I am changing my TQQQ to just QQQ and investing exactly the way IBD instructs. I am changing the TQQQ/SQQQ to just investing in SPY (S&P500 – capitalization weighted) and RSP (S&P500 – equal weighted). I will update my web site soon.
Last week my loss limitation rules caused me to sell China Region. It recovered slightly and then declined a little more during the week and is now slightly lower than last week.
IBD TBP’s Market Pulse is “Uptrend under pressure” – Not a time to invest. The S&P500 has a distribution count of 8 and the Nasdaq has a distribution count of 6. It is too risky time for me to invest.
My current investments:
SPharmaceuticals has a price of 24.07, a sell price 22.87, a rank of 04, and is a Hold.
SHealthCare has a price of 240.29 a sell price 229.81, a rank of 06, and is a Hold.
SElectronics has a price of 83.34, a sell price 83.69, a rank of 58, and is a Sell.
SBiotechnology has a price of 271.55, a sell price 259.98, a rank of 01, and is a Hold.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – Sell SElectronics
My portfolio market exposure after this weekend’s changes:
IRA #1 – 00% invested
IRA #2 – 60% invested