Portfolio 03 Sep'24
Table above shows Market-on-Close (MOC) stock order imbalances greater than 50,000 shares.
GRYNING | Portfolio: A Simpler Systematic Investing Process You Can Explain in Plain English.
At a high level, it’s as simple as this:
Price is king – it’s the chief input for decision-making.
Increase exposure when prices rise.
I believe the way to accomplish our goal is to preserve as much capital as possible during market declines, while still participating in market gains.
The primary goal is to perpetually work from a higher base.
Reduce exposure when prices fall.
The rules-based process is repeatable and can increase the chances of you staying anchored to your financial plans because it leaves no room for emotional decision-making during times of euphoria or fear.
Monthly portfolio update, which includes September allocation changes for the adaptive/trend-based allocation strategies.
September 2024 Asset Allocation Update
U.S. Equities: Exposure will not change and remain overweight. Trends over all timeframes are positive, and it remains the strongest equity asset class over the long term.
Real Estate: Exposure will not change and remain underweight due to its long-term weakness relative to U.S. equities.
Inflation-Protected Bonds: Exposure will not change and will remain at its minimum.
Short-Term Fixed Income: Exposure will decrease, hovering around minimum levels, since allocations will be returned to higher-duration U.S. Treasuries.
International Equities: Exposure will not change and will stay at the baseline allocation. Trends are positive across all timeframes.
U.S. & International Treasuries: Exposure will again increase as trends improve and the asset strengthens. U.S. Treasuries will move to overweight. International Treasuries will remain underweight due to long-term weakness.
Alternatives: Exposure is expressed through a multi-asset alternative ETF. Though smaller than last month, the largest allocation remains net long equities. Net exposure to fixed income has increased toward the long side while commodities and currencies continue to be net neutral.
September 2024 Summary For Risk-Managed Strategy
This Month: Largest % Increases: Consumer discretionary and health care
This Month: Largest % Decreases: Communication services and tech
Last Month: Best Performers: Real estate and utilities
Last Month: Worst Performers: Energy and consumer discretionary