100 Level

Broad Market Outlook Beginning to Show Cracks

As anticipated for a number of weeks, the broad U.S. Equities market is showing the first signs of cracking.  The following Bullish Percent Indicator tables provide the evidence. The following information is not available for publication elsewhere on the Internet. Broad Index BPIs:  All major indexes are now controlled by defensive teams as all show O's in the right-hand column when examined … [Read More...]

Balanced Portfolio: Number 3

Portfolio number 3 in this series is what I call a Balanced Portfolio.  Bonds are lowered to 40% of the portfolio so this is still quite a conservative mix of assets.  This portfolio comes close to fitting the 60/40 equity to bond ratio, sort of a standard when it comes to building a middle of the road portfolio.  Note the changes that are taking place in the five key metrics.  … [Read More...]

300 Level

Current Ranking of Feynman ETFs

Platinum members following the Feynman articles and the ETFs that make up this research portfolio will find the current rankings of interest.  It is possible to substitute Vanguard ETFs for the iShares ETFs with a minimum of Internet searches.  Here is the ranking as of 8/5/2013. ETF Rankings:  While the optimizer recommends holding shares in VWO and DBC, those are two ETFs I would avoid except … [Read More...]

Kepler Portfolio Update

Below is the Dashboard or asset allocation plan for the Kepler Portfolio.  Readers will note a number of asset classes are either above target (bright red) or below target (purple).  I've made some shifts in the Strategic Asset Allocation and those shifts are the primary reasons this portfolio needs so much attention.  In a number of cases, limit orders are in place to purchase … [Read More...]

200 Level

Pay Attention to Your Portfolio: Sample Portfolio Included

Whether you are a beginning or experienced investor, it is important to review and update your portfolio annually if not monthly.  ITA portfolios are reviewed and updated every 33 days.  The updating difficulty is highly dependent on what securities are used to populate the portfolio.  If individual stocks are used the task is more onerous as each stock needs to be reviewed in detail.  Further, … [Read More...]

Bright Light To Shine On Fees Charged Against Retirement Plans

The first phase (annual expenses) of revealing the fees accessed against 401(k) retirement plans will go into effect by the end of this month.  If you think the financial community is not clipping a significant percentage off your potential earnings, think again.  According to an AARP study released last year, 71% of retirement plan participants think they pay no fees to participate in a … [Read More...]

400 Level

What Is A Good Sortino Ratio?

Seeking a Good Sortino Ratio A reader of ITA Wealth Management was seeking an answer to the question, what is a good Sortino Ratio?  The simple and quick answer is - anything above zero.  Check this definition of the SR.  While the equation is quite simple, the difficulty comes in calculating the denominator. SR = (P - T)/DR where P is the portfolio return T is a portfolio … [Read More...]

Delta Factor Shouts – The Market Is Over Valued!

Based on the most recent Delta Factor data, the current market is over-valued, and that is putting it mildly.  I don't think I've seen this many "red" projections since the market hit its 2007 highs.  What I did was take both equity and bond ETFs that are commission free for TDAmeritrade clients and use percentages not all that far removed from the recommendations that come out of the … [Read More...]