|
Small Portfolio
|
XLV & IAU
|
10.16%
|
|
|
Position
|
Date
|
Return
|
Days
|
|
GCI
|
7/14/2011
|
14.18%
|
356
|
|
CSGS
|
10/3/2011
|
40.74%
|
275
|
|
NLY
|
10/25/2011
|
10.77%
|
253
|
|
KBR
|
10/27/2011
|
-12.34%
|
251
|
|
VG
|
10/27/2011
|
-39.51%
|
251
|
|
BT
|
1/4/2012
|
8.08%
|
182
|
|
SAI
|
5/30/2012
|
9.75%
|
35
|
|
XEC
|
6/5/2012
|
11.51%
|
29
|
|
DECK
|
6/15/2012
|
-7.94%
|
19
|
|
FCX
|
6/25/2012
|
9.96%
|
9
|
|
S&P
|
Annualized
|
1.96%
|
|
|
Small Portfolio
|
Annualized
|
9.28%
|
|
|
Large Portfolio
|
Annualized
|
9.52%
|
Rotation: selling FCX; buying CVX
Because of a scheduling conflict, I won’t be able to do any
stock analysis on Thursday evening.
I’ll have to make the stock rotation scheduled for Friday a
day early – tomorrow.
FCX has turned into the fastest turnaround the model has
experienced, and will be exchanged for CVX, Chevron.
Two things of note…
The market is short term overbought. Most of the volume activity has been in cautious
sectors like healthcare, and I even sold XLF and bought XLV on the small
portfolio accordingly. But in my opinion
both financials and healthcare are due a slight pullback (even if it’s no more
than a pause that refreshes). I don’t
trade opinions on the model, of course – so I went ahead and traded the two
ETFs instead.
If we do have a pullback in defensive sectors it will be
important to watch the offensive sectors like technology, consumer cyclicals,
manufacturing, and materials. If those
do well, my Chevron trade should have a good ride.
If not, then it will just pull back too.
No way to know. I can
position myself for a good wave, but I can’t make one appear.
Tim
No comments:
Post a Comment