Portfolio Thoughts for 06.16.2019

in #investing7 years ago


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Ok, here is my updated portfolio as a % of total dollars invested as of today:

  • US Stocks : 88%
  • Cryptos : 9%
  • Silver : 2 %
  • Gold : 1 %

As you can see, I need to do some work on Gold and Silver! Right now, my 401K is heavy in stocks, so I have to keep an eye on that as well.

Please recall that these are just random thoughts regarding investments, and do not represent actual financial advice. Also, I’m not a financial adviser, but own a bit of everything mentioned below.

S&P 500

From a long term perspective, I usually look at this index at the monthly level and run a 12 month moving average though it:

Screenshot 2019-06-16 at 1.00.40 PM.png

If it's above the 12 MA, I'm usually long stocks; if it is below that number, then I will put my 401K into bonds. It's nothing fancy, but it has kept me out of a bit of trouble in the past.

Short term, there is a $2823 USD short target:

Screenshot 2019-06-16 at 1.05.39 PM.png

Bitcoin

Screenshot 2019-06-16 at 12.37.34 PM.png

The two recent long targets have been satisfied; now waiting for another trend line break to manifest.

Ether

Screenshot 2019-06-16 at 1.08.33 PM.png

One long at $303 USD still open, but a potential short target is out there should prices regress next week. Stay tuned.

Litecoin

Screenshot 2019-06-16 at 12.42.13 PM.png

I thought for sure Litecoin would smash its open long target this weekend; Litecoin, you never cease to disappoint me.

EOS

Screenshot 2019-06-16 at 12.44.49 PM.png

EOS continues to excite in terms of DApps and price targets. One target down, two more longs to go.

Ripple

Screenshot 2019-06-16 at 12.46.31 PM.png

Not much new here either, but my goal is still to get to 1000 XRP owned at some point.

That's it for this Father's Day over here. I hope everyone is having a wonderful Sunday; good luck and good trading.

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Aww c’mon! I wanna know what percentage allocation is in variant covers! 🤑

haha I know, right!? I have three boxes here I haven't even gotten to open yet filled with various comics - I need to get caught up on my inventory and add it to the list!

Now that DC killed Swamp Thing I'm a bit bummed out by the comic book industry - I'm definitely getting back to basics next week and catching up on my Batgirl and Harley variants.

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