![]() ![]() Looking back to the first of the year I was (about). Within equities, according the a recent Xray analysis, I am (about). With this, the global and foreign etf's out performed the domestics this past week.įrom an equity allocation review Old_Skeet's equity weighting matrix indicates that due to elevated stock valuations I should be position somewhere towards the low range within equities however, due to a seasonal investment strategy I am currently overweight (what the matrix calls for) by five percent. Within, Old_Skeet's global compass the three best performing etfs, that are followed, were VT, EFA and EEM. In addition, the Index advanced +0.26% for the week and closed just short of 2588 for a year-to-date gain of 15.59%. ![]() The only sector found this week, from a technical perspective, as being scored undervalued is staples (XLP). ![]() The three best performing sectors for the Index last week were energy (XLE), real estate (XLRE) and technology (XLK). Generally a higher barometer reading indicates there is more investment value in the S&P 500 Index over lower reading. Last week the barometer closed the week with a reading of 143. This week Old_Skeet's market barometer closed the week with a reading of 138 and with that moved back into overbought territory. But, what really makes the thread is the post of many and not just a few. ![]() It is much appreciated and from my perspective you have brought some new and good insights to the thread. The big reason in me doing this is that I wanted to move away from hosting an ongoing thread and to reopen the Markets and More thread would put me back to doing just that. After some thought, Old_Skeet has decided it best to keep posting the barometer updates under the Buy-Sell-and-Ponder thread rather than reopening the Markets as More thread. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |