Saturday, June 8, 2013

Is now the right time to buy gold

Gold had peaked in August 2011 and has been drifting down ever since. Even though there were a few times that gold had popped up but it fell even more to the down side afterward.

Look at GLD, the ETF fund, the high was $180 a share in August 2011 and now it is sitting at around $133 a share as of June 7. A decline of about 26% during this 22 month period.

One may ask if this is a good time to buy gold (GLD). My answer is "not yet, not right now".  I will not buy GLD until the closing price reaches above the 50 day moving average.


Sunday, May 26, 2013

The major markets have been trending up

If one could apply the weekly moving average as a trending indicator for the S&P 500 index in the last 18 months (Nov 2011 to present) , then he/she would be able to make about 37% profit from this investment.

Below is the S&P 500 (SPY ETF) weekly chart showing the faster 10 week exponential moving average (EMA) had crossed above the slower 40 week EMA starting in Dec 2011 and continued to stay that way as of today. Normally when this happens, it is referred to as a bull market. There were two occasions (May and Nov 2012) that the 10 week EMA was touching the 40 EMA and was very close to reverse its pattern in moving below the 40 EMA which it is categorized as bear market. But the reversal did not happen and the trend continued to go up.

I used this method to position my core holding during this period and resulted with some decent profits. My position such as ABT, COP, DUK, ED, KMB, MCD, MSFT, and PM which I think it still looks good and have some more room to the up side.

Sunday, January 6, 2013

Total 2012 dividend income

Here is my 2012 total dividend income from my IRA account:

1) Jan: $2,150
2) Feb: $1,068
3) Mar: $3,070
4) Apr: $1,986
5) May: $1,083
6) Jun: $2,528
7) Jul: $1,714
8) Aug: $1,208
9) Sep: $2,059
10) Oct: $1,762
11) Nov: $1,221
12) Dec: $2,422

Total of $22,271 were received for the year of 2012.