100 Level

Exactly What Is The Momentum-Optimization Model?

Exactly what is the Momentum-Optimization Model (MOM) and how does it work?  The very first step in this process is to define what securities one wishes to use to build the portfolio.  This is easier managed and accomplished with index investments vs. selecting individual stocks.  For example, one is likely to choose VTI to always have some role in the portfolio whereas a well-known stock such as … [Read More...]

Investment Book Recommendation

I've run across another excellent investment book, this one written by Daniel R. Solin. "The Smartest Portfolio You'll Ever Own" is worth your time and money.  There are a number of portfolios suggested in the book and I was going to start analyzing them later this week.  Unfortunately, several suggested ETFs do not have the required history.  Therefore I will need … [Read More...]

300 Level

Preparation for Newton Review

Below is the Efficient Frontier graph and the Buy-Hold-Sell filter table for the securities currently held in the Newton portfolio.  Here is how I plan to use this information should it remain the same when this portfolio comes up for review this week. … [Read More...]

“Creme List” – 24 June 2011

Twenty stocks made the "Creme List" this week.  There were no new-comers and no stocks were purged from the list.  That will happen in a few weeks if some companies do not make a comeback.  Examine the "Creme List" for stocks of interest.  Note that only one is priced to purchase despite the market decline this week. … [Read More...]

200 Level

A Lesson from Gauss

Carl Gauss is considered by some as the most brilliant mathematician who ever lived.  He is sometimes called called the "Prince of Mathematicians."  I even named one of my computers after him.  One of his contributions is the Gaussian Distribution where real valued random variables tend to cluster around a single mean variable.  Does that sound like prices dancing … [Read More...]

Portfolio Performance: 7 October 2011

While the past week was positive for all the portfolios on an absolute scale, large-cap stocks continued to perform better than globally diversified portfolios.  Therefore, portfolios tracked by the TLH Spreadsheet either remained even or lost a little ground to the VTSMX benchmark.  Tough times in Europe are not helping ETFs such as VEU or emerging markets, VWO. The following data … [Read More...]

400 Level

Bullish Percent Indicators for Week of 8 March 2013

For a broad look at market conditions as well as specific sectors, check out this article on Bullish Percent Indicators for last week.  I try to post the BPI information each week either on Seeking Alpha or here at ITA Wealth Management.   … [Read More...]

Improving On The Simple Nine Global ETF Portfolio

While there are advantages to keeping a portfolio simple, there are also disadvantages.  For example, one will miss opportunities by not including asset classes that have been shown by Fama and French to add value to the portfolio.  Namely, value asset classes such as small-cap value (VBR).  We don't want to eliminate asset classes just to keep the portfolio simple.  The Ranking data table shows a … [Read More...]