The ETF Sector Rotation Strategy (our strategy for longer term investors) lost ground today, but the positions are still in positive territory.
The Swing Trading Playbook has been hitting it out of the park all week. We had very few trading signals since the positions entered earlier in the week are working great. The Playbook is up about 4.5% for the week and holding a few unrealized gains over the weekend and into next week.
It looks like Monday may be the time to hedge the portfolio or start ringing the register on few positions.
Here is a screen shot of the open positions for the Swing Trade Playbook. As you can see, huge positions are not necessary to make money swing trading. The key this week was keeping the losses small and letting the winners run.
To learn more about how you can benefit from us visit http://etfupdater.com/.
Have a good weekend!
Mike Matousek, CMT
Portfolio Manager, ETF Updater
http://etfupdater.com/
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