Position in SPDR Small Cap Value ETF Increased

By on February 7, 2019

stock market sectorsThe position in the SPDR S&P 600 Small Cap Value ETF (SLYV) was increased in the SMA Portfolio.

The overall market was weak today based on trade talk uncertainty and perceived global economic weakness. This led to an overall intra-day drop in the global stock markets of about 1.5%.

I deemed this to be an opportune time to use available cash to increase SLYV’s position from 1.8% to 2.8% of the SMA portfolio. SLYV was purchased at $60.10.

Disclaimer: It is very challenging to outperform a buy and hold strategy. Historically, investors have found themselves well-served over the long-term by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Information presented is based on analysis of past data and assessments by the Tactical Timing System model. Future performance may not reflect past performance. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented.

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