Portfolio Sector Analysis Update
Overweight on Financials and Energy
Tomorrow will bring a new round of buying, so, in anticipation of that and to prepare from a strategic perspective, it’s helpful to see where the portfolio allocation stands:
And, to see where things are overweight or underweight more clearly, let’s check out the difference in the allocation between the current portfolio and the S&P 500:
Given that Financials and Energy have been doing so well this year, I’m really happy to be overweight there. On the critical side, I don’t like being overweight consumer defensive since it’s unlikely to bring huge returns (but should outperform if there is another downturn).
Going forward, since I’ve had terrible performance in the communication stocks I bought in the last round to get more exposure to that sector, I am not looking to jump into more exposure there unless I find the right stocks. For healthcare, I’m definitely looking to increase exposure, as I think the macro picture for the sector will continue to be strong and it’s been a bit out of favor recently. Anyways, just broad thoughts for now - tomorrow will bring a new round of buying to put thoughts into action!
Links
Yesterday’s Post | Most Popular Posts | All Historical Posts | Contact
Portfolios
Main Portfolio | Wild Stuff | Shiny Stuff | Safe Stuff | Big Stuff | Random Stuff
Live Charts
Tracking Portfolio Performance | “Wild Stuff” Constituents | “Shiny Stuff” Constituents | “Safe Stuff” Constituents | Ten-Year Treasury Less Two-Year Treasury | Ten-Year Breakeven Inflation Rate | S&P 500 | S&P Rolling All-Time High | S&P 500 Drawdown | S&P 500 Rogue Wave Indicator | S&P Moving Averages | S&P 500 / 200-Day Moving Average | S&P 500 / 50-Day Moving Average | S&P 500 50-Day Moving Average / 200-Day Moving Average | S&P 500 Relative Strength Index | CBOE Volatility Index (VIX) | Three-Month USD LIBOR | Three-Month Treasury Bill (Secondary Rate) | TED Spread | Price of Bitcoin | Bitcoin Rolling All-Time High | Bitcoin Drawdown | Bitcoin Rogue Wave Indicator