We hope the summer is off to a great start for you and your families!
We recently sold a small position in TBT, a position of the portfolios that we had held to benefit from a rise in interest rates. As rates, have risen very little, our indicators gave us a sell signal. Recently, our indicators have turned positive on the international sector. Therefore, we are reallocating our portfolios containing equity positions back into the international sector by purchasing PIMCO International Stock Plus (PIPDX).
In addition, we are rebalancing all our portfolio positions back to within our original position parameters.
As always we will communicate as warranted. Have a great summer!
viewpointsObservations and Updates from CCA
Our 10/50 indicator has crossed and confirmed negative today.
As we mentioned in our Market Update on Dec 7th... read more
The fourth quarter of 2018 continues to be a volatile season for the markets. Since this has been such an ‘interesting’ week, we wanted t... read more
October has been another volatile month in the stock market. The theme for 2018 continues to be volatility. As you can see from the chart of... read more
As stated in previous posts, we have been monitoring the bond market and the effect rising interest rates and inflation have on the fixed inc... read more