With the majority of ITA portfolios currently recommending no new purchases, now is a good time to rework the investment quiver if you are not completely satisfied with either the Factors or Asset Classes that make up your portfolio. Think through what asset classes or factors you want to include in the portfolio. Below are […]
Archives for September 2020
Options Corner – 19 September 2020
Last week I presented a number of Option positions that might be used to hedge a portfolio. The only way to “perfectly” hedge a portfolio is to buy a Put Option – but, as we saw ( https://itawealth.com/options-corner-11-september-2020/ ) this can get expensive. A 3-month ATM Put Option on SPY might cost ~$2,000 and this […]
Options Corner – 11 September 2020
In this week’s Options corner I will take a look at how we might use Options to hedge our portfolios. Of course, the simplest way to do this would be to just buy a Put Option – but is this the best/most effective way to protect ourselves? Let’s take a look at this and the […]
Galileo Portfolio Review: 9 September 2020
The Galileo review brings us once more to Dual Momentum time. Later in the morning I’ll update prices as the information below is through 9/8/2020. No changes are recommended unless 9/9/2020 prices make a difference. Galileo Investment Quiver Here we have a basic Dual Momentum investment quiver, although I have added TLT and LQD as […]
Occam’s Razor and Investing: An Update
Establish Basic Principles of Investing What does Occam’s Razor* principle have to do with investing? Furthermore, what is Occam’s Razor? The principle states that “Entities should not be multiplied unnecessarily.” The principle is attributed to the 14th century Franciscan friar, William of Ockham. Isaac Newton stated the Occam’s Razor another way with this rule. […]
How Are You Controlling Portfolio Risk?
How are you controlling portfolio risk as we enter an uncertain market period due to the coming contentious election and the ever present Covid-19 pandemic? Are you paying attention to the portfolio risk exposure or do you intend to ride out what might be a volatile period for equities? With bonds earnings very low, is […]
Options Corner – 4 September 2020
Since I started to build my portfolio hedge position using SPY Options we have seen quite bit of price movement. When I started to build this position SPY was trading at ~$340 and it moved up to the $350 level in the first week – where I added some new “legs” to the position. In […]
Bullish Percent Indicators: 4 September 2020
As anticipated, the Bullish Percent Indicators took a dive this week. There were a few exceptions, as usual. Technology in particular was pummeled. QQQ hit its TSLO limit in a number of portfolios as readers will see when portfolios are reviewed throughout the month of September. Index BPI All indexes are on defense as we […]