Friday, July 16, 2010

July moderate allocation

Nothing changed in June. Markets appear risky.

Positive factors:

None

Neutral factors:
Long term trend (within 8% of 200 day)
Market valuations
Sentiment

Negative factors:
Underlying technical strength
'Ahead of curve' investor positioning

Allocation for July:
Stocks: 15%
Bonds: 85%


July aggressive allocation

Nothing changed in June. Underlying technical strength is negative and sentiment/valuations are neutral.

Positive factors:
None

Neutral factors:
Long term trend
Market valuations
Sentiment

Negative factors:
Underlying technical strength
'Ahead of curve' investor positioning

Allocation for July:
Stocks: 25%
Bonds: 75%