1. In all the discussion of the current portfolio I failed to mention this year's yield to date. As of yesterday it was a paltry 0.54% which annualized is about 3.3%. This a combined figure on all invested assets except for home and a lifetime annuity, but includes non interest bearing MMFs and gold.
2. Regarding short term cycles, yesterday was a (potential) turn date for ocean tides in New York harbor, for the 4 day "delta/roto" cycle and for Larry Berg's Timer Data. Also MarketTrak's neural nets were on the verge of a sell. They don't all do this together very often, but coupled with today's economic and sentiment releases the odds were improved for down.
3. I haven't been publishing the short term cycle information here, but I plan to start doing that every other month for the following two months. Nothing is perfect, but this is helpful to me. I don't do much short term trading these days, but short term info helps me when I am buying something for longer term or when I am closing out a longer term position. It gives me an extra profit edge most of the time.
What I will do is mention the most probable dates for ocean tide turns and only mention the other cycle methods (in parentheses) if they coincide with tide dates or are at extremes of their own. MarketTrak only reports when they get a buy or sell and those dates are not known in advance.
4.The next cycle dates after yesterday are for March 1 (+delta/roto), March 9, March 17, March 22 (+ delta/roto, Berg, equinox), and March 30 (+delta/roto). I'll headline these dates as "Short Term Cycle Update" and post them here starting in late March for April and May.
5. Further information about tides and other good stuff is available at cyberfriend Larry Moores' "Tides, Trends, and Trading" always clickable from my "Blogs I Like List".
Recent Comments