ETF Position Update
Each week we publish the ratings from our TCA-ETF model. Regular readers know that we use sector information to take a market perspective, but also choose individual ETF's.
I also choose a sector to highlight each week, providing fundamental information, a chart, our reasoning, and comments from other experts.
As we always note, this is not intended as investment advice. A sector rotation program is not suitable for all investors. Our time frame may be different from the reader's. It is news information, intended to be an additional source of information — only a part of your own due diligence.
We strongly recommend that readers who like the system should just call me and consider becoming a client. We run the model twice a day (at least) and respond immediately to any changes. I try to keep costs low and deliver a service that adds value. We help investors determine suitability, needed account size, and expected trading costs.
Having said this, I know that some readers are trading the (delayed) signals on their own. I try very hard to highlight sectors that I think will be strong candidates, at least for the upcoming week. In yesterday's article I noted that many sectors were getting a penalty box flag, and that this might happen mid-week.
In general, I do not provide mid-week updates on ETF's. This is mostly out of respect to our clients, who pay for a real-time service. Having said this, I am uncomfortable with yesterday's highlight of VGT, which hit our penalty box today. I still like VGT for a longer-term play, but we will sell tomorrow in trading accounts. Given the swift change, I feel it appropriate to give a "mid-week" update. We respect the current level of risk in the market, and hold only partial positions in our ETF trading.