June Fed Meeting

The June Fed meeing is uppon us. The market is oversold, and we are going into the "best 7 days" of the month. And, according to the Stock Traders Almanac, we are about to start the summer ralley in the Nasdaq. So, I am going 100% long large cap growth.

On the angel front, Johns Christian Shop has closed in Lake Zurich. So, that should help us this fall. One of our very popular bereavment pieces is the "if tears could build a stairway" piece.

A gift

I had planned to sell down to 50% yesterday, but my friend Chuck pointed out that we were oversold. So, I decided to stay in another day, as this is Options Expiration Week, and the markets can be volatile.

So, it looks like everything we lost yesterday is being given back today. So, with this gift, I will sell out and go to 100% stable value today.

Enjoy your Fathers Day. TTFN, Don

Hurricane season

Happy June 1st, the start of hurricane season.

I have been absent for a while. But, fortunately for me, I was 60% invested last week, and 100% invested this week in disciplined equity, which tracks the S&P 500. I intend to stay in at least thru next Friday. I think I will adopt a new sell strategy. If, by watching the MACD, we are clearstation neutral, I will sell 10% every day. If we become clearstation green again, I will return to 100% long. I will go to all cash when we become clearstation red. We will see how that works.

This is our second week of summer hours at the angel shop. Last week, our sales were up over year ago levels. So far, none of our customers have complained.

TTFN, Don