The S&P 500 is currently trapped below its 200 Day declining Moving Average (DMA). Breakouts have generally met with failure. This is why I can't get too excited about yesterdays big move up.
Clearly the best performing sectors this year have been the defensive stocks, which include Consumer Staples, Utilities and Healthcare.
GWM Model Portfolio Equity Holdings
Yields highlighted in yellow.
Krogers, Altria, Consolidated Edison, Pepsi, Southern Co,
McDonalds, Merck, Procter and Gable, Bristol Myers, Coca-Cola, Etc.
The GWM Flexible Income folio is also positioned very conservatively. Volatility in the various bond markets has been greater than usual, vacilating in step with the risk on / risk off nature of the stock market. To help counter this volatility I needed to do some extra homework. I uncovered the fact that the mortgage back securities market has been in a low volatility gentle uptrend, especially since the beginning of October.
GWM Flexible Income Holdings and Yield.
Bear in mind that we are mainly interested in total return as opposed to current yield in the current risk off environment.
Summary
I will try to hold the GWM Core Equity positions longer term, adding in occasional hedges as needed. Hopefully, this will be all the adjustments I will need to make until the market begins trending again.
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.
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