I launched my 2019 Quantitative methodology today, which draws from two pools of stocks — one growth at a reasonable price and another defensive, slower growth ideas. Today, I drew 50/50 from both pools. I look forward to working and improving on this relatively passive method of investing all throughout 2019 — hopefully with some input.
I sold my SOXL position above $116, not so much because of the morning fade or because I was up ~12% — but because it’s a god damned triple upside ETF and I’d be stupid not to. I have ~85% in cash now and, to be honest, am in no rush to allocate now.
For Exodus members, please visit the blog section for new Quant rules.If you enjoy the content at iBankCoin, please follow us on Twitter