Cross Currents

March 24, 2014,

VTI ( Vanguard Entire USA Equity Market )  As of the close March 21, 2014, the ETF ….VTI completed 557 days with no sell signal.  Accumulated profit, including dividends,  is 58.37%.    On March 31, VTI’s close, relative to it’s 200 day moving average,  will tell me to stay in or get out of the trade and the surf altogether…except for GLD which has its own month end  eject button..

GOLD ( GLD )   Friday concluded the 15th day of the long trade with a gain of 0.67%.  Yes, I know that the Crimea question looks to be concluded, but that is only part of what’s impacting GLD.  I’m just following the trail to the next bend ( March 31 )  to decide whether to sell.   Or,  add another 3% of my liquid net worth to my GLD  holding because GLD’s 50 day moving average has swung upward to positively intersect its 200 day moving average

QQEW / ZACK February 18 ( Fictional ) Portfolio. This portfolio is down 2.7% since inception.  The portfolio is comprised of any of the 100 stocks in the QQQ  100 Index which are accorded a Rank of 1 ( strong buy ) or 2 ( buy ) by Zacks.  My understanding is that the Zack #1 or # 2 Rank is given only to equities whose performance is derived from positive reporting, especially relating to positive earnings surprises.  This portfolio was constructed to tell me something about the thrust of the market.  Here, two factors could be impacting performance…the harsh impact our weather is having on GDP and/ or the market pausing for a refresher.  So, while the existing VTI signal says its safe to stay in the water. the recent performance of these stocks has me looking over my shoulder to make certain my water wings haven’t sprung a leak.

Think I’ll spend part of today checking the relative performance of some of the sector ETF s  in my portfolio and on my watch list.  These include VDE, ITA, XLF, XIV, XBI, RPG, and VB.

Richard Maurice Gore


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