A rough second quarter came to an end last week. I would call this a “Nickels and Dimes” market; you make a nickel when the market goes up, and before you know it, you have lost dimes since the market goes down so fast. But that doesn’t mean you have to give up on your opportunity to profit.
To pick winners in a Nickels and Dimes market, we need to focus our strategies on different ways than we’re used to. That means:
- Be more tactical
- Have a combination of offense and defense.
ETFS Strategist Update
| Undiscovered | Symbol | Allocation | Date Bought | Price Bought | Price on 6/30/22 | Dividends | Div Freq. | Gain/ Loss % | Allocation |
| Invesco Dow Jones Industrial Average Dividend ETF | DJD | 40% | 4/8/22 | 46.35 | 42.17 | 0.00 | Quarterly | -9% | 0.4 |
| AGFiQ US Market Neutral Anti-Beta Fund | BTAL | 30% | 4/26/22 | 19.86 | 21.83 | 0.00 | - | 10% | 0.3 |
| ALPS Medical Breakthroughs ETF | SBIO | 20% | 6/27/22 | 27.92 | 27.69 | 0.00 | Quarterly | -0.8% | 0.2 |
| Invesco S&P SmallCap Energy ETF | PSCE | 10% | 3/28/22 | 10.05 | 8.69 | 0.01 | Quarterly | -13% | 0.1 |
No additional model changes.