Our
portfolio experienced several trades driven by downgrades in the Opinion on the
names. See the Closed Trades tab for
further detail.
Overall
we are holding our Year-to-date return at 23.31% down 173 basis points from the
high of 25.04% as of 6/30/014. In
comparison the S & P 500 YTD is 5.80% down 100 basis points from its
6/30/14 return of 6.80% and the Russell 2000 down 508 basis points from its YTD
return of 3.18% on 6/30/14.
The
allocation level is at approximately 43% a little higher than the suggested algorithmic
allocation of 38% Bullish and 62% Bearish. Our Technical Market Model as of
Friday has returned to a more Bullish sentiment for three of the four markets analyzed. This is a short term model and may change
directions very quickly; it should be used in conjunction with the algorithmic
allocation recommendations.
Details of the Model Portfolio may be viewed by clicking on
the following link: ALPHA FOR THE INDEPENDENT INVESTOR
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