100 Level

ETF vs. Stock Selection

Photograph: Interior of First Baptist Church in Savannah, Georgia Is there a different approach to selecting an individual stock vs. choosing an ETF?  In my mind the answer is, yes.  For example, the "Creme List" is created by using approximately 20 different metrics.  Stock selection usually requires some sort of fundamental analysis that includes the following: … [Read More...]

Preparing a New Portfolio for a Customized Benchmark

Within the TLH Spreadsheet is the capability to develop a customized benchmark for any portfolio that uses any combination of the 17 asset classes found in this blog post. If you are new to ITA Wealth Management, note that we pay a lot of attention to asset allocation, even though it has recently fallen out of favor, particularly since the 2008 market crash.  Why build a customized … [Read More...]

300 Level

Launching a New Portfolio and Initializing ITA Index

Platinum readers know about the funding of the new ITA-RR portfolio. Since tomorrow is the last business day of the month (December) I will take a careful look at the price points for VTI, IWN, VEU, VWO, VNQ, RWX, and IGE and compare them with their respective 195-Day EMAs.  If nothing were to change tomorrow, on January 3, 2012, I will take out a full position in VTI, IWN, and VNQ.  … [Read More...]

Einstein Portfolio Update: 27 October 2011

Several moves took place over the last few weeks in an effort to bring more asset classes into balance within the Einstein Portfolio.  Shares of VO and VB were sold in order to bring mid-cap and small-cap blend within the 20% threshold limits.  Shares of the International bonds (BWX) were added and we made a few small purchases in IEF and BND to bolster the bonds asset class.  Bonds … [Read More...]

200 Level

Retirement Rule #4: Maximize Contributions to Employer Retirement Savings Plan

If you are fortunate and work for an employer who has any sort of matching savings plan, by all means take advantage of this offer and maximize your contribution.  To do otherwise is to leave good money on the table.  For example, assume your employer will match dollar for dollar any contribution you make to a saving plan up to 4% of your salary.  Further, assume you are earning $40,000 per year.  … [Read More...]

Piotroski Style Portfolio

Is there any interest in tracking the following portfolio based on the following QPP analysis?  If so, let me know as I might be able to begin tracking such a portfolio.  Let me explain how it would function. The following material is not available for publication elsewhere on the Internet. … [Read More...]

400 Level

Broad Market Outlook Based on Bullish Percent Index

Based only on gut feeling, most of us would expect rather good numbers to show up this week when we drill down into the Bullish Percent Index values for the major indexes and individual sectors.  The following two tables will not be a surprise if this is your impression of the trading week just passed.  First, the major markets. Index BPI:  All indexes showed a slight uptick in the actual … [Read More...]

Bullish Percent Indicators Power Their Way To Offensive Positions

If anyone was in doubt as to the strength of the U.S. Equities market, take a close look at the following two screenshots.  Any cracks that were beginning to show a few weeks ago have been patched.  The Bullish Percent Index as illustrated by Point and Figure (PnF) graphs left no doubt this week that the offensive teams are in complete control.  Only the Utilities sector failed to make the jump … [Read More...]