Today was the last trading day for the month of August 2012. Time to take a look at look at the month end closing prices for the ETFs that make up the IVY timing model and see if any actions need to be taken.
This month two buy signals were triggered. Both VEU, foreign stocks, and DBC, commodities, triggered buy signals by closing above their dividend adjusted 200 day (10 month) simple moving averages. Going into today the IVY portfolio allocation is currently 60% invested and 40% in cash (here is a link to the signals from last month). These new buy signals mean the portfolio goes to 100% invested for next month, with a 20% allocation to VEU and a 20% allocation to DBC.
If you are implementing the IVY portfolio you would buy both VEU and DBC on Tuesday, Sept 4th, the first trading day of Sept. As I’ve said earlier I run the IVY model in my family’s IRA and I will be making these trades on Tuesday as well. While not a requirement I recommend using limit orders for your trades as well. Also, any decent broker is offering these popular ETFs on their commission free list so you shouldn’t be paying any fees to buy these ETFs.
Full Disclaimer - Nothing on this site should ever be considered advice, research or the invitation to buy or sell securities. These are my personal opinions only.