GWM Bond/Income Fund Management System Generates a Sell Signal

After holding Metropolitan West High Yield Bond fund (MWHYX)  for quite some time we finally got a sell signal. This was the last junk bond fund that we were holding. Only Shareholders Service Group accounts held MWHYX.

When the share price (red line) crosses below the smoothed blue line (50 day moving average) a sell signal is generated. The small green dart in the lower right corner of the chart is the actual buffered sell signal. As per our sell discipline MWHYX was sold in all accounts.

(Click on chart for easier viewing)

 

This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar