ETF Portfolio Updates: Sweet Spot Rally Underway By: Jeffrey A. Hirsch | November 08, 2018 | Email | Print

Following our MACD Seasonal Buy Signal issued on October 31, 2018 the post-midterm election rally has boosted the ETFs in our Sector Rotation and Tactical Seasonal Switching Strategy Portfolios. 

 

At the start of October, before the market correction, we put out nine new ETF trade ideas with seasonalities that historically begin in the month of October. The correction whipsawed us in and out of IYT, SOXX, XLI and XLB. In accordance with our October 31 Buy Alert, these positions have been added to the portfolio using the average price on November 1 or the Buy Limit, whichever was lower.

 

Positions in IYZ, XLY, XLF, XLK and VNQ were entered at our buy limits, but did not get stopped out. In accordance with our October 31 Buy Alert, we added to these existing positions using the average price on November 1 or the Buy Limit, whichever was lower. Original prices have been updated to reflect the additional position.

 

Buy limits, stop losses and auto-sell prices have been updated throughout the Sector Rotation Portfolio to reflect the changes made in past two Alerts on October 31 and November 1. Please see the following table for individual ETF advice and prices.

 

 

 

As per the past two Alerts on October 31 and November 1, updated buy limits and advice appear in the table below. This table contains all trades made in execution of our Tactical Seasonal Switching Strategy. This strategy is also known as the “Best Months” or “Sell in May.” Positions in DIA, IWM, QQQ and SPY are equal-weighted in the strategy and initially will be held without a stop loss.