Portfolio Thoughts for 06.16.2019

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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:
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:
Bitcoin
The two recent long targets have been satisfied; now waiting for another trend line break to manifest.
Ether
One long at $303 USD still open, but a potential short target is out there should prices regress next week. Stay tuned.
Litecoin
I thought for sure Litecoin would smash its open long target this weekend; Litecoin, you never cease to disappoint me.
EOS
EOS continues to excite in terms of DApps and price targets. One target down, two more longs to go.
Ripple
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.
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.