I would like to take this opportunity to wish you and yours a Very Merry Christmas. During this time of giving, if you feel you have enough money to give to others, I would like you to perhaps consider one of the following for a gift:
www.fisherhouse.org provides houses next to major military facilities in which relatives can stay while our injured military heroes are provided medical care.
www.kiva.org provides micro loans to help small entrepreneurs in developing countries.
www.worldvisiongifts.org provides support to children and families world wide in many ways including giving farm animals to families.
www.yadeliezer.org provides food and other relief the those in poverity in Israel – yes we have poverty in the US, but I think Israel is probably our best ally, doing a lot of work the US should be doing in a very unstable part of the world, and the US is them treating Israel like dirt.
www.charitynavigator.org is a charity evaluation and information site which can provide information about these and other charities.
Investors Business Daily changed their Market Outlook to confirmed uptrend this week. In preparing the numbers for today’s list of mutual funds I noticed that some funds went down excessively on Friday. In talking with Fidelity they admited that those funds had paid distributions but Fidelity had not reported the distributions on their web site. Fidelity does not know when the corrected list will be available.
The sum of the deviations (909,682,911) is not up for the last two weeks – not a time to invest.
The DJ Wilshire 5000 index is above its 50 day moving average and the average is increasing – time to invest. Both trends are not up – not a time to invest.
My current investments:
SAutomotive has a price of $55.21, a sell price $53.10 (adjusted for a distribution), a relative rank of 43, and will be sold when I need to exchange it for another fund or it passes the sell price.
JapanSmallerCompanies has a price of $13.05, a sell price of $13.22, a relative rank of 98, and is a sell. It closed the week at the same price it was last week but now I have owned it 90 days and can sell it and not take a 1.5% hit.
Nordic has a price of 43.33, a sell price 41.16, a relative rank of 04, and is a hold.
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – Sell JapanSmallerCompanies
My portfolio market exposure after this weekend’s changes
IRA #1 – 100% invested
IRA #2 – 40% invested