The S&P500 Index, Dow, Nasdaq and Russell 2000 have just made all time highs.
Regardless of your political slant it’s pretty obvious the big money is flowing into equities. Giddy up.
A quick review of open recommendations. We’re up on every one of our open trade recommendations; from 4% all the way to 84% profit.
Let’s take a deeper look:
S&P 500 Index (SPY) daily
Our trade recommendation is currently up 84%.
Continue to hold.
If you wish to add to this position risk is still under primary support as it has been since 2011.
Powershares Tech ETF (QQQ) weekly
Our trade recommendation is currently up 73%.
Continue to hold. Risk is still under primary support.
SPDRs Select Sector Technology ETF (XLK) weekly
Our trade recommendation is currently up 55%.
Continue to hold. Risk is still under primary support.
UK Index Fund ETF (EWU) weekly
Our short sell trade recommendation is currently up 23%.
Continue to hold. Risk is still above resistance.
SPDRs Select Sector Energy ETF (XLE) daily
Our trade recommendation is currently up 6%.
Continue to hold. Price finally broke through resistance, the orange horizontal line. Next target is $80.
Dow Telecommunications Index Fund ETF (IYZ) daily
Our trade recommendation is currently up 4%.
Continue to hold. Price is moving higher after bouncing off support.
This is the portfolio of open recommendations. I am very transparent about every real time recommendation I have made since going live in August 2011. How could one judge another’s performance without knowing every trade/investment recommendation made?
All closed and open positions are on the web site. Whatever your sources are for making a trade or investment know the following:
- What is the track record?
- Why make the trade?
- Your risk and why?
- When to sell?
Trade Alert…
Post Holdings (POST) weekly
I highlighted this recently and since then price has bounced off support.
I am adding this to our buy list. Risk is below trend line support.
In other news…
Bonds are getting crushed.
20 Year Treasury Bond Fund (TLT) weekly
Don’t ask me why because it just doesn’t matter. I will just tell you it is because they are getting sold hand over fist. Price is approaching support and possibly presenting a nice opportunity.
Equity indexes are making all time highs, bonds are selling off so rates are rising, my golf game isn’t too bad, I get to spend the weekend with family, I love the XLE trade…NICE.
I must go now. Marianne just took some chocolate chip cookies out of the oven and I must eat some.
Feel free to ask me any questions regarding investing and I will be happy to tell you what I think, what I know and what I don’t know. I will tell you this…I know far less than what I don’t know.
Have the Happiest Thanksgiving Holiday you have ever had. Make it a good one.
Aloha,
Don