Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
I've reduced my bond allocation (within my portfolio) while I have raised my cash allocation through the purchase of some CD's (expanding my CD ladder) plus adding to my money market mutual funds. I'm now left with six bond funds (down from nine) a…
Perhaps the economy is not as strong as believed and commodities are in ample supply. Thus a decline in their price. Anyway, my commodities security fund recenently made a sizeable dividend distribution of close to 30 cents per share which was abo…
I have funds within my portfolio that have a single manager while some others are team managed. Generally, I hold the team managed funds much longer than the single manager funds. However, if a fund does not meet my expectations it becomes history…
Ted's got to be happy ... Justify won!
http://www.foxnews.com/sports/2018/06/11/belmont-stakes-controversy-did-alliance-ensure-justify-victory.amp.html
And the payout (scroll towards the bottom of the link)
https://www.forbes.com/sites/timwood/20…
I guess that can be said for some other commodity funds as well because that is when I started to build my current position in PCLAX.
M* Snapshot PCLAX ...
http://www.morningstar.com/funds/xnas/pclax/quote.html
DBCMX min to invest 100K, YTD return…
Hello @VintageFreak,
For me, breath is defined as the range of movement measurement in something. That why I use what I have described and explained above. I am not following what you are trying to get accross because you are compairing the 500 I…
@hank and others,
Breadth is one of the feeds of Old_Skeet's market barometer. The breadth for the S&P 500 Index as measured by the number of stocks trading above their 200 day moving average has been running in the high 50% to low 60% range f…
It seems to me that for some strange reason Congress wants SS to fail due to their inaction. Through the years there could have many fixes. But, know this, they robbed Peter to pay Paul and now it looks as though many who depend on SS will check u…
Here is the Weekly Market Recap June 3, 2018
After 2 weeks of low volatility, that variable was introduced back into the holiday shortened week! Another change from 2017 when almost every week was a low volatility week. That said, small caps (Ru…
Thanks for posting the Morningstar report of PIMIX. I've been thinking of adding its A share offering PONAX to my income sleeve. In addition, two other stock like PIMCO funds I've been looking at are PSPAX which seeks to out perform the S&P 50…
Linked below is another stock market perspective from CNBC that calls for a year end target of 2800 (single digit stock market returns with bond yields heading higher). There is an investor survey with results at the end of the article.
https://ww…
@BenWP, Since the fall of 2017 I am up about 25% in PCLAX which includes fund distributions paid out. I am not sure what the quarterly fund distribution will be scheduled to be paid in June. The one paid in March was very little (zilch) and a dis…
Hi @BenWP,
Thanks for making comment on taking profits in commodities.
I have noticed that commodities have drifted downward as we now start to move into summer which I felt they would. However, they have from what I have observed in the past sta…
Ed Yardeni's stock market forecast is linked below: and, I believe worth the read. He is projecting end of year valuation for the S&P 500 at 3100 and favors the following sectors: financials, technology, consumer discreationary and industrials.…
@Maurice,
Yep ... I'm seeing it much the same as you. While MSOPX is a fine fund I'm also seeing it as a global fund and not international for the reasons you state. Morningstar has it in the World Large Stock category with investment style as Lar…
As we enter June Old_Skeet's market barometer indicates that the S&P 500 Index is in the high range of fair value (and just short of being reflected as undervalued) with a reading of 154 baed upon the barometer's metrics. Last weeks reading was…
I'll let Mr. Snowball do the heavy lifting in responding to your question? How does the Index differ from RSP?
https://www.mutualfundobserver.com/2018/06/index-funds-sp-500-equal-weight-index/
@hank,
Thanks for the question.
I hope all is well with you and your family.
Years back before I developed my market barometer and equity weighting matrix system I cut my stock allocation by about 5% during the summer months. And, come fall I'd …
This past week my bond funds began to find traction and were up about 0.82% which by my thinking was a good moved upward. Stocks, in general, were up about 0.30%. Are stocks now starting to go soft as we move into summer?
This past week I noticed that some of my risk off type assets within my portfolio were starting to find traction while some of the risk on type assets were starting to falter as commodities went soft while bonds found traction. I'm thinking stocks …
@VintageFreak,
Yep, generally the prime money market funds (that you referenced) have a higher yield while the government money market funds (that I referenced) have greater liquidity and lower yield.
Below is a link that list the highest paying m…
@MikeW
Thank you for your comment. I am happy to learn that you found interest in Old_Skeet's market barometer. It has been helpful to me also over the years so I started posting it a few years ago on the board in hopes others would find benefit. …
Hello,
For the week ending of May 25th Old_Skeet's market barometer closed the week with a reading of 153 which indicates that the S&P 500 Index is in fair value territory based upon the barometer's metrics. Interestingly, for the week the bes…
@DavidV,
In answer to your question ... Yes.
I've got a good number in the eight to ten percent range in energy. Here are a few that I own that are heavy in energy ... SVAAX 16.4% ... HWIAX 15.1% ... PGUAX 14.8% ... FKINX 13.6% ... APIUX 13.5% ..…
@DavidV,
Thanks for the question.
I try to limit my special investment themes to the ones that are a best fit within my own portfolio. And, with this, these are the ones I write about.
According to an Instant Xray analysis of my portfolio I've g…
Hi @Derf,
Derf you don't know how I split my betting envelope or even if I bet the whole envelope. You just know I had money on three horses to win, place or show. And, one (justify) paid out on all three places that I had money on it. The net o…
Hi @Derf,
I have attached a link below that explains win place show betting.
On Justify ... I did pretty well myself as I collected 1st ($2.80), 2nd ($2.80)& 3rd place ($2.60) payouts plus my bet money. So, per dollar bet my payout was rath…
Hello,
For the week ending of May 18th Old_Skeet's market barometer finished the week with a reading of 154 indicating that the S&P 500 Index is now in fair value range on the barometer's scale. Seems, short interest remains at 2.5 days to cov…
Hi @catch 22,
Just for the heck of it ...
Why was AGG not included in the charting? In this way one could see how bonds represented by AGG and stocks represented by SPY performed against one another and also the referenced income funds. In addi…
@VintageFreak,
I like CTFAX and I've owned it for a good number of years. Most times it's bond allocation is North of 80% and during stock market pullbacks it loads equities. Currently, it is about 90% fixed & 10% equity. However, it only ma…
I am a fan of Dan Fuss and crew.
My largest position in a core bond fund is NEFZX. Over the past ten years it has served me well.
Another core bond fund that I'm happy with is LBNDX.
And, yet another one is TSIAX.
These three funds combined m…
@young,
AOFAX is an interesting fund ... I've been thinking of reducing my position in SPECX and AOFAX might be someting for me to kick the tires on.
What drew you to AOFAX?
