Small Portfolio XLV & IAU 10.16%

Position Date Return Days
GCI 7/14/2011 14.18% 356
CSGS 10/3/2011 40.74% 275
NLY 10/25/2011 10.77% 253
KBR 10/27/2011 -12.34% 251
VG 10/27/2011 -39.51% 251
BT 1/4/2012 8.08% 182
SAI 5/30/2012 9.75% 35
XEC 6/5/2012 11.51% 29
DECK 6/15/2012 -7.94% 19
FCX 6/25/2012 9.96% 9

S&P Annualized 1.96%
Small Portfolio Annualized 9.28%
Large Portfolio Annualized 9.52%

Rotation: selling FCX; buying CVX
Because of a scheduling conflict, I won’t be able to do any stock analysis on Thursday evening.
I’ll have to make the stock rotation scheduled for Friday a day early – tomorrow.
FCX has turned into the fastest turnaround the model has experienced, and will be exchanged for CVX, Chevron.
Two things of note…
The market is short term overbought. Most of the volume activity has been in cautious sectors like healthcare, and I even sold XLF and bought XLV on the small portfolio accordingly. But in my opinion both financials and healthcare are due a slight pullback (even if it’s no more than a pause that refreshes). I don’t trade opinions on the model, of course – so I went ahead and traded the two ETFs instead.
If we do have a pullback in defensive sectors it will be important to watch the offensive sectors like technology, consumer cyclicals, manufacturing, and materials. If those do well, my Chevron trade should have a good ride.
If not, then it will just pull back too.
No way to know. I can position myself for a good wave, but I can’t make one appear.
Tim