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Bullish Percent Indicators: 11/19/2022

 
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Last Post by Lowell Herr 3 years ago
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 Lowell Herr
(@lowell)
Noble Member Admin Registered
Joined: 13 years ago
Posts: 713
Topic starter November 19, 2022 9:21 AM  

Since there are no significant changes and there are no Buy recommendations, I'll not post a BPI blog this morning.

If you hold any of the following I recommend placing Trailing Stop Loss Orders (TSLOs).  The ETFs in the over-bought zone are:  VCR, VFH, VHT, VIS, VAW, and VGT.

VFH and VIS are above 80% bullish so I would place 2% TSLOs under these two ETFs if they are in the portfolio.  Use a 3% TSLO for the other ETFs.

The Carson currently does not hold any of these over-bought sector ETFs so no changes are planned for the coming week.  As mentioned when I recently launched the Carson, this portfolio requires lots of patience as the sector ETFs will spend most of their time ranging from 30% bullish up to 70% bullish or what one might call the neutral zone.

Lowell



   
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