Investors managing a Sector BPI model portfolio will find the data below of interest. On Monday I’ll check in on the Carson and use this data to make any changes, if recommended. Follow along for more analysis.
The only major index over-bought is the Dow Jones Industrial Average (DJIA). All others are positioned in the “neutral” zone. Pay most attention to the two broad indexes, NYSE and NASDAQ. Both are hovering around the 50% bullish zone and as such are fairly valued.
If you are holding either Energy, Financial or Real Estate, place 3% TSLOs on VDE, VFH and VNQ respectively. When last reviewed the Carson held Energy (VDE). That sector may have been sold out of the portfolio since January 9th. Check in on Monday to see what is going on within the Carson portfolio as I will conduct a complete review on that Sector BPI portfolio.
Utilities is the closest any sector is to approaching the over-sold zone. Otherwise, holdings in any of the other sectors require no action.