The US Sector and Basic ETF Portfolios have been updated for July. The key points are below:
US Sector Momentum – The US Sector Momentum Portfolio rotated from financials (XLF) into technology (XLK) based on 6-month price momentum. Year-to-date the strategy is down less than 1%. Financials performed well in June, helping to boost overall portfolio return. For background on this strategy click here.
Basic ETF Portfolio – Just like last month there is no change in the existing positions of Vanguard Total Stock Market ETF (VTI), Vanguard REIT Index ETF (VNQ), and Vanguard Total Bond Market ETF (BND). These three ETFs remain above their 200 day simple moving average and have the highest momentum of the five. For strategy background, click here.
Now you can follow me on Stocktwits and Twitter!
