Added Valeant Pharaceuticals (VRR) to the Core Equities Folio

I bought Valeant Pharaceuticals (VRX) in the Core Equities Folio as it broke out from three month consolidation. This is a very good company that I have tracked for some time.

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Valeant Pharaceuticals

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.

Merry Christmas

Bought Netflix (NFLX) in the Core Equities Folio Today

I added shares of Netflix to the Core Equities folio on a new breakout.

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Netflix

The Santa Claus rally is on.

All Folios and every position was in the green for the day.

Core Equities folio

Sector Rotation folio

Major Markets Folio

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.

Las Vegas Sands (LVS) New Core Equities Folio Position

LVS is breaking out after a 7 week consolidation. I bought some in the Core Equities Folio.

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Las Vegas Sands

LVS is in the Buy Zone (blue shaded area)

Market Comment

The market is re-asserting itself after 4 days of consolidation. The intermediate trend remains to the upside so I stood pat on most of our positions.

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.

Apple (AAPL) Mounting a Comeback

We added Apple (AAPL) to the Core Equities folio last week as it hit our buy point, Apple is currently trading around the $550 level. I think it could go to $600.

Apple

After a steep consolidation Apple looks ready to run 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.

Happy Thanksgiving From Gerritz Wealth Management

GWM Core Equities Folio - Phillips 66 (PSX) Moving Higher

Phillips 66 is moving higher as it hits official buy point.











I bought PSX early, before the official buy point, because it's Relative Strength Line (RS) was moving up and buying volume was showing good accumulation (institutional buying). PSX is breaking out after an 8 month consolidation.

Phillips 66

Phillips 66 is an oil refiner.

The oil refiners prices generally move inversely to crude oil prices. So, falling oil prices are a plus for the refiners.

Core Equities Folio

Bank of America, Phillips 66, Wellpoint Inc., Raytheon Co., Gilead, Apple.

GWM Model Portfolios are 100% invested.

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.