It wasn’t a great week for US equities with the S&P 500 Index pulling back from the 1SD upper boundary of the uptrend channel:
It still looks possible for US equities to pull back to the potential support zone at ~4300 but, in comparison with other major asset classes, this still leaves it in the top half of the relative performance list:The Rutherford portfolio is looking like this:
that resulted in the performance as shown below:
i.e. we lost a little ground relative to the benchmark AOR Fund.
Taking a look at the rotation graphs:
we only see VTI as being strong in the desirable top right quadrant.
Checking recommendations from the rotation model:
we only see Hold recommendations for VTI and the benchmark AOR Fund. with Sell recommendations on all other assets. This means that this week’s adjustments to Tranche 4 will look something like this:
i.e. I will be selling current holdings in VEA and the proceeds will move to Cash.