GWM Model Portfolios Current Positions - Close to 100% Invested

Click the following link to lookup company info by symbol.

http://www.barchart.com/stocks/marketoverview

Market Snapshot

Bulls are back in the saddle.

Market Direction Model

Hoping to see some green soon.

We are clawing our way back from what, once again, turned out to be a relatively small pull-back in the 5% range. 

Chart View

S&P 500 Index

The market closed on a higher high today.
The Downtrend has been stemmed for the moment.

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.

GWM Flexible Income Folio - Buying while the Blood is on the Ground

The specter of higher interest rates has cause havoc in markets worldwide. Particularly hard hit has been the

bond market; but the real estate investment trusts (REITs) have even suffered more. I think that the move down in some of the REITs may be overdone and has created some opportunities for bottom fishing  in the GWM Flexible Income folio.






I took a small position in Realty Income Corp. (O). Here is my analysis:

The Stock is down nearly 20% from its 52 week high.

Realty Income Corp.

After a smooth as silk rise, the stock plunged
19% since its peak in May

Realty Income Corp.

My analysis

Click on the chart to view details

The stock found support at the 200 day moving average. It had a nice bounce on higher volume on Friday. With a 4.8 % yield at this juncture it make a nice bottom fishing buy for the Flex Income folio.

If you would like a more in-depth analysis click the link below.

http://seekingalpha.com/article/1501562-o-is-a-buy-not-a-bargain?source=yahoo

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. 

Follow Through Day on 06/13/2013 - Market Status Changes to "Market in Confirmed Uptrend"

Market Snapshot

Great one day improvement

Added more green

Follow Through Day on S&P 500 Index

The dual purple dots show up when we have a
Follow Through Day

Chart View

S&P 500

Nice reversal on the 13th

On 06/13/2013, Investor's Business Daily changed the status of the market to:

"Market in Confirmed Uptrend"

The market topped out on May 22nd. We had our first rally attempt on June 6th. After the first rally attempt we keep our powder dry  until we get a confirmation that the institutions are ready to sustain a new rally. This confirmation comes in the form of  a large daily advance on higher volume. We call this a Follow Through Day. It is our signal to begin adding positions.

"All successful rallies begin with a Follow Through Day, but now all Follow Through Days result in a successful rally."

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.