The proposed Fed balance sheet unwind and Trump’s tax cut plans have acted to strengthen the US Dollar from its 2017 decline. The Dollar was down over 11% from its Dec ’16 high and has recovered a few percent over the past month. Good news for the US Dollar has put pressure on foreign markets. Continue reading “International Markets: secondary buy point”
Tag Archives: Investable Wealth
Putting extra cash reserves to work- bought: COF, CSCO & ALK
I’m keeping the majority of my cash reserves available for the right entry point into the Energy/Oil sector. That being said, today I took advantage of some market weakness for myself and for portfolios that I manage which are holding high cash positions (primarily new clients over the past six months). Continuing this year’s modelContinue reading “Putting extra cash reserves to work- bought: COF, CSCO & ALK”
Adding to banking position- bought KBE
The threat of a North Korean nuclear war has some people scrambling to buy iodine as an antidote to radiation poisoning. I’m not concerned about WWIII breaking out, so today I increased my holdings in large US Banks by purchasing SPDR’s S&P Bank sector ETF- KBE. This brings my portfolio exposure to US Banks upContinue reading “Adding to banking position- bought KBE”
Adding to Health Care position- bought IXJ
Today I purchased iShares Global Health Care IXJ, to fill the void left in my portfolio from the shutdown of IRY. As mentioned in a recent YouTube video about my 2017 second half strategy, I believe the health care sector will remain strong. Watch the 10 minute video at: https://youtu.be/tu_xFHZ_imU —————————————————————————— The Robots are Coming:Continue reading “Adding to Health Care position- bought IXJ”
Leaving India on a high note
Today I closed my India ETF position in EPI. The ETF has had an excellent run since it was purchased in early January; however, I’m concerned it might be getting a little too top heavy. EPI is just now approaching the high it achieved in 2010 (see chart). I’m content to exit the position onContinue reading “Leaving India on a high note”