Author: Ronald Guerrini
Covestor model: Breakouts and Reversals
May was a poor month for the model portfolio. May saw a continuation of the downtrend established in April. The model kept taking on long positions when it should have been short or in cash.
Time for a rethink on my mREIT investing strategy.
With the price drop in the overall market and a continually weakening dollar, several master limited partnerships have become more attractively priced.
The question to ask, I think, is “If I were a ground squirrel just awakened from hibernation, would I like valuations today?”
In February KC Capital Management’s Quantitative ETF portfolio had its best performing 30-day period since inception, up 17.0%.
