The market continued its winning ways in February as it slowly but surely moved ahead. Most major averages surpassed the levels attained in the spring of 2011.
February was a very poor month for the Breakouts and Reversals model portfolio.
In the Long Term GARP model, all most 85% of the market value of the portfolio is held in five holdings, including Liberty Interactive (LINTA), Intuit (INTU), Direct TV (DTV).
We had a good January and February. The portfolio is up more than 30% year-to-date.
As February gives way to March, I continue to feel very positive about the broad market’s prospects.
The general stock markets have had a smooth three-month uptrend. The Trend Following model is seeking and will seek the equity leaders if the market upturn continues
While we are keeping one eye on the door for our short term, momentum based investments, we continue to add to the longer term income producing side of the portfolio.
Because the markets can turn quickly, be ready. May the market be with you!
The U.S. dollar and silver's technical position are the key inputs.
These two stocks represent the type of opportunity I believe provides investors with the most reward for the least risk.