Monday, May 26, 2008
Saturday, May 17, 2008
Portfolio Update, 5/18/08
On Monday's open:
1. Sell IWN
2. Use the proceeds to buy IWP (iShares Russell Midcap Growth).
The switch from small cap value to midcap growth is consistent with the beginning phases of a bull market. Growth will outperform at these times, and other indicators are largely bullish in keeping with the scenario that any recession will be shallow.
Last week's largest gainer was EWO, which delivered almost 6.7%. These strategies do well in rising markets but please remember to take profits and move to cash as the rules dictate.
Continue holding IYM.
1. Sell IWN
2. Use the proceeds to buy IWP (iShares Russell Midcap Growth).
The switch from small cap value to midcap growth is consistent with the beginning phases of a bull market. Growth will outperform at these times, and other indicators are largely bullish in keeping with the scenario that any recession will be shallow.
Last week's largest gainer was EWO, which delivered almost 6.7%. These strategies do well in rising markets but please remember to take profits and move to cash as the rules dictate.
Continue holding IYM.
Sunday, May 11, 2008
Portfolio Update, 5/11/08
Continue holding IWN.
Sell EWP (iShares Spain) for a loss of less than 1%. Buy EWO (iShares Austria).
Last week's gains resulted from the 4.6% gain in IYM.
Sell EWP (iShares Spain) for a loss of less than 1%. Buy EWO (iShares Austria).
Last week's gains resulted from the 4.6% gain in IYM.
Monday, May 5, 2008
Portfolio Update, 5/4/08
No changes. YTD performance is +3.5%, beating all major indexes despite lagging them in April.
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