Today's Model Review:
COMING SOON: UPGRADES TO CORE AND TRADING MODELS
We are excited to announce that the latest upgrade to our models will be implemented within the next month. The CORE model will take a more growth-oriented stance and the TRADING model will focus on 10 individual stock positions.
LEADERS Model: The LEADERS currently holds 20% positions in the Consumer Discretionary, Technology, Health Care, Financials, and Energy sectors.
CORE Model (Risk Managed Exposure):
Today's CORE model's exposure target: 70%
Current CORE Model exposure: 75%
To review, the goal of this model is to stay in tune with the overall risk/reward environment. Therefore, we make adjustments only when there is a meaningful and sustained divergence between the target model reading and our current positions.
TRADING Model: We currently hold trades in gold, commodities, global technology, and the internet sector.
2018 YTD Performance Update:
DD LEADERS: +4.9%
S&P 500: +2.8%
|Daily Decision Trading Service
Current Portfolio Summary
|The LEADERS Model|
|% of |
|Technology Select Sector SPDR||XLK||20%||12.1.16||$46.64||Hold|
|Health Care Select Sector SPDR||XLV||20%||11.27.17||$81.79||Buy|
|Consumer Discretionary Select Sector SPDR||XLY||20%||2.9.18||$99.67||Buy|
|Financials Select Sector SPDR||XLF||20%||2.12.18||$27.94||Hold|
|Energy Select Sector SPDR||XLE||20%||5.2.18||$73.57||Strong Buy|
|The CORE EXPOSURE Model|
|% of |
|SPDR S&P 500 ETF||SPY||37.5%||4.17.18||$269.78||Buy|
|iShares S&P Small-Cap||IJR||37.5%||4.17.18||$79.83||Buy|
|The TRADING Model|
|% of |
|PowerShares Commodity Index ETF||DBC||25%||5.2.18||$17.43||Strong Buy|
|First Trust Internet Index||FDN||25%||2.26.18||$124.00||Hold|
|iShares Global Technology||IXN||25%||2.26.18||$165.40||Buy|
|SPDR Gold Shares||GLD||25%||4.17.18||$127.27||Strong Buy|
% of Model Explained
The number shown in this column represents the percentage of the the model this position represents.
Current Rating Explained
This is our rating for the day. The Current Rating tells you what action we would take if we did not currently hold the position. A "Buy" rating means we would be willing to purchase the position at current prices. A "Strong Buy" suggests this would be our first choice to buy. A "Hold" rating indicates we would not make new purchases at current levels. And a "Sell" rating indicates we will likely exit the position in the near-term.
Positions Can Change
Positions often change during the trading session. Remember that we will send a Trade Alert via SMS Text Message and/or Email BEFORE we ever make a move in the models.
About the Daily Decision Models:
The Daily Decision is designed to be a simple, easy-to-follow e-letter service showcasing 3 different model portfolios. The LEADERS model is the flagship, growth oriented strategy that focuses on "where the action is" in terms of market leadership. The CORE model is a longer-term, risk-managed approach to keeping exposure to market risk in line with prevailing conditions. And as the name implies, the TRADING model is intended to be a tactical, opportunistic trading strategy.
Disclosure: At the time of publication, Mr. Moenning held long positions in the following securities mentioned: SPY, IJR XLK, XLV, XLY, XLF, DBC, FDN, IXN, GLD Note that positions may change at any time.
Wishing You All The Best in Your Investing Endeavors!
The Front Range Trading Team
NOT INVESTMENT ADVICE. The analysis and information in this report and on our website is for informational purposes only. No part of the material presented in this report or on our websites is intended as an investment recommendation or investment advice. Neither the information nor any opinion expressed nor any Portfolio constitutes a solicitation to purchase or sell securities or any investment program. The opinions and forecasts expressed are those of the editors and may not actually come to pass. The opinions and viewpoints regarding the future of the markets should not be construed as recommendations of any specific security nor specific investment advice. Investors should always consult an investment professional before making any investment.