Doug Fabian has a weekly podcast where he discusses the market and his suggestions on ETFs. On his podcast for 24Oct he suggested several ETFs some of which are paying more than a 6% dividend. You may want to listen to his podcasts or check out his web site – www.fabian.com – for investment ideas.
The FED came out and quit buying assets as they said they planned. And the markets anticipating this had started down in early September. However the fix was in and this decline, unlike the previous 3 declines, was not stopped by more money printing in the US. The Japanese picked up the ball and will be buying $1T in bonds and increasing by 150% their stock and bond allocations in the Japanese pension plans. So we still have a market propped up by government bond and stock buying. The end result of this is that those with a greater percent of their assets in investments get richer and those who own little or save in a bank get poorer. The US government keeps complaining about the income gap – the rich getting richer and the poor getting poorer. And yet they are causing it with their policies.
October was a poor month for most investments. The month started down and about the middle of the month started up again.
In October IRA#1 -5%, IRA#2 -3%, PDP PIE PIZ DWAS +1%, TQQQ +11%, TQQQ/SQQQ +21%, Power4 -0%.
For the last 3 months, IRA#1 -2%, IRS#2 -3%, PDPetc +3%, TQQQ +14%, TQQQ/SQQQ +11%, Power4 N/A.
September portfolio changes:
IRA#1 – Sold SBiotechnology 10/13, purchased SBiotechnology on 10/27.
IRA#2 – Sold SBiotechnology, SElectronics 10/13, sold SHealthCare on 10/20, purchased SBiotechnology on 10/27.
PDP PIE PIX DWAS – Sold PIE on 10/01, sold PDP on 10/06, purchased PDP on 10/27.
TQQQ – Sold TQQQ on 10/01, purchased TQQQ on 10/22.
TQQQ/SQQQ – Purchased SQQQ on 10/02, sold SQQQ on 10/20, purchased TQQQ on 10/22.
Power4 – Sold PYZ on 10/02, sold PTH on 10/13, sold PSL on 10/21, purchased PTH, PFI, PSL, PUI on 10/27.
My investing rules for these portfolios are on my web site:
1 – for funds https://www.flynndj.com/my-iras/fund-evaluation-method/
2 – for ETFs https://www.flynndj.com/7-etf-investment-study/
IBD TBP’s Current Outlook is “Confirmed Uptrend” – time to invest.
My current investments:
SUtilities has a price of 77.80, a sell price 73.91, a rank of 14, and is a Hold.
SPharmaceuticals has a price of 22.15, a sell price 21.04, a rank of 07, and is a Hold.
SBiotechnology has a price of 233.95, a sell price 222.25, a rank of 01, and is a Hold.
SHealthCare has a price of 228.70. a sell price TBD, a rank of 02, and is a Buy.
Out of the 130 Fidelity funds I follow, 119 have had increasing deviations from their moving average which is a buy based on my rules.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – Buy SHealthCare
My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% invested