Sunrise over Lake Ontario
I only made one adjustment to the Dirac Portfolio this week by selling my position in XLB (Materials) as both momentum and acceleration turned negative
The analysis sheet presently shows the following recommendations:
with six Buy recommendations. Rather than sell existing positions to resize allocations to match the suggestions offered in the analysis I have again chosen to hold over-allocations in the existing positions.
This is somewhat supported by the relative performance of the sectors, particularly XLV (Health) and XLF (Financial) that top the list:
Performance of the portfolio over the past week has shown that this was not a bad decision:
as it significantly outpaced it’s benchmark broad market fund (SPY). With the market in consolidation mode I will continue to monitor for clearer indications of trend/momentum.
Discover more from ITA Wealth Management
Subscribe to get the latest posts sent to your email.
Leave a Comment or Question