On days when a portfolio is not up for review, I frequently fire up the Baker’s Dozen to see if any new recommendations show up in the Kipling spreadsheet. Based on 3/17/2016 data, we have one “fresh” ETF moving into second place.
Tranche Momentum Recommendations: The “new” ETF in the current rankings is VNQ or U.S. Real Estate. Granted, it made the tranche list (Tranche #5) a week ago. From the looks of all the green showing up in the EMA columns it appears as if the U.S. stock market is making a come back from its recent correction. Even the two ETFs (VEA and DBC) that are priced under their respective 195-Day EMAs are showing robust positive Absolute Acceleration Percentages (AAP).
Another positive signal is all the ETFs currently ranked higher than SHY. Caution is merited as two primary equity ETFs, VTI and VEA, are still well down the list and the bulk of the higher ranked ETFs come from the bond and treasury asset class. We are not out of the woods.
If you have cash available, I would go ahead and add shares of VNQ.