The monthly analysis on my two 401K funds continues to show
a cautionary outlook as it abandons stock funds. Meanwhile my ICE system on SPY
shows an up signal which suggests an up signal on stock funds. This is a
cautionary tale as the monthly analysis has not turned to stock funds yet.
Investing in bond funds usually means that we are expecting bonds to rise as
investors take flight from stocks.
I have just started putting money into my new current
company’s 401K and have not yet started any analysis. Based on my previous
company’s 401K monthly analysis the Fidelity GOVT Income Fund is at the top of
the list. I will increase my holdings in that fund. In a past 401K company holdings
I have, the PIMCO GL BD ADM fund and PIMCO REAL RETN ADMN funds are at the top.
They are both bond funds. The Realty fund is next in line and has also shown
strength.
Confusing tale on the tape = Caution = Stay in Bond funds…
No comments:
Post a Comment