Wednesday, October 3, 2012

TAQK and LM Updates..10.3.12

GLD is the continuing money maker for the LM model.  The momentum rankings are clearly showing strength in bonds although we have yet to see that reflected in the equity curve.  LM is holding its own with the SPY on a daily basis but is lagging at the 30 day level.
The TAQK model is currently under performing the SPY in both 5 and 30 day returns, although that scenario could change quickly if equities turn down.

As of 8:00 AM PST there are no new Long Alerts on the SITUATIONS matrix and although there is no change in the the top 3 ranked ETFs, XLV has now moved to slot #1 and GLD has moved to slot # 2.