With the SP-500 down 4.72 percent this week, there's been a definite change in market trend to the downside. The chart with the various ETFs we track is posted below. No changes since the post on Monday. I hope everyone in the United States had a great Thanksgiving holiday!
One thing I've focused on is developing a strategy for my retirement funds. Ever since pulling my funds out of the market in late 2008, like many others I hesitatedt to reinvest - at least not without a plan. Two books that influenced my plans are The Ivy Portfolio and How a Second Grader Beats Wall Street. In general both of these books profess the use of broad index funds versus individual stock picking. The Ivy Portfolio adds a mechanism for market timing, such as the 10 month moving average and adjusting monthly. Dshort provides updates on The Ivy Portfolio strategy each month.
Below is a summary of retirement funds considered by mybestfunds.com with three different market timing strategies indicated: the average slope of the Guppy Slow moving averages, the CCI(53), and the 200 day simple moving average. In a future post, I'll provide backtesting results for each of these strategies. I plan on providing a weekly update on these funds.
|Retirement Strategy Update for November 26, 2011|