Thursday, December 1, 2011

November Portfolio Update

Click To Enlarge

November began with a classic triangle pattern.  All of the major North American markets made the pattern, but the S&P 500 illustrates it best.  It is a perfect example with volume decreasing close to the breakout point when the market finally dropped.  I got caught in the whipsaw back and forth before giving up.  From there, the drop was quick enough that I failed to find a good entry point.  

Click To Enlarge

Materials and Technology stocks are seasonally strong this time of year.  I expect to be long in them for at least a little year-end rally.    

The return I am showing for XIU (iShares TSX 60 ETF ) remains at the same level as July (when it crossed the 200-day moving average) since it continues to be at a price below its 200-day moving average. 

Eleven month return for TSX @ November 30, 2011 = -9.04 percent
Eleven month return for Basic Timing Model using XIU = -0.98 percent
Eleven month return for Advanced Timing Model (my returns) = -2.95 percent
Money for charity = $411.27

What is your plan?

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.