McClintock Portfolio Review: 13 October 2023

Painted Hills – Oregon

McClintock is one of several Relative Strength portfolios where a limited number of ETFs form the investment quiver.  The security options focus on U.S. Equities, Developed International Equities, Emerging Market Equities, and Bonds.  The Kipling spreadsheet provides guidance as to which ETFs to Buy, Hold, or Sell.

McClintock Security Recommendations

The current recommendation is to hold all money in either the money market or SHV, a short-term treasury.  The current holdings are listed below.

I am moving the investing model from BHS to LRPC and going long term with the one-year look-back period.  Both LRPC and BHS models are recommending a Sell for all securities so this is an appropriate time to move to a longer term outlook or projection.

McClintock Manual Risk Adjustments

Trailing Stop Loss Orders (TSLOs) are set for the current holdings.  The only debate is whether to keep available cash in the money market or invest with SHV.

McClintock Performance Data

Since 12/31/2021 the McClintock is nearly matching the S&P 500 (SPY) and is outperforming all of the other five potential benchmarks.

McClintock Risk Ratios

Since the September update the McClintock lost ground to the Jensen Alpha.  The slope improved slightly and once we are into January there is a high probability the Jensen slope will move back into positive territory.

As a reminder, the critical ratios are:  Jensen, Information, and Sortino.  I focus on these three as well as the slope of the Jensen Performance Index.

McClintock Portfolio Review: 10 June 2022