OTM Market Update – December 20

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  • The S&P large cap index gained 3.4% last week, rising to 2070.65.
  • The Russell 2000 small cap index gained 3.8% last week to 1195.96.
  • Long Bonds (TLT) lost 0.3% last week to 125.87.
  • Asset Allocation Model: slight downward adjustment in equities.  49% Stocks, 32% Bonds, 19% Optional.

As noted last week, the prior week’s adjustment was due, and the market continued to rise in line with the broader technical models.

The very small change in the Asset Allocation model does not warrant action. read more

OTM Market Update – A light on Asset Allocation

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  • The S&P large cap index lost 3.5% last week, rising to 2002.33.
  • The Russell 2000 small cap index lost 2.5% last week to 1152.45.
  • Long Bonds (TLT) gained 4.3% last week to 126.30.
  • Asset Allocation Model: unchanged. 52% Stocks, 27% Bonds, 20% Optional.

The S&P fell last week but did not violate the trailing chandelier stop.  It pays to be diversified — Long Bonds rose 4.3% last week.  For the long term investor, the Weekly S&P should give you some perspective.  This past week’s adjustment was due, and does not in and of itself constitute a reverse in the trend.  The technical models remain positive. read more

Tax Planning Guide

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Whether you do your own taxes the old fashioned way (paper), use TurboTax, or rely on a competent CPA like Bill Lupone, the attached link to the tax guide from the American Association of Independent Investors is a must read.  This is a guide for the 2014-2015 tax season.  Not terribly long but it covers the significant bases. read more

Stock Presentation – ONNN

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Linda volunteered to present a potential investment, but she is currently researching other hot investment opportunities – real estate in Florida.

Therefore, I picked one of the most recent additions from the 4x algorithm that Mark will be presenting – ONNN.   The summary of my recommendation is attached along with other reports for paid analysts for your review and consideration. read more

12/08/2014 meeting accounting documents

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Attached are the finacial accounting spread sheets and the Scottrade statement closing 11/30/2014.

I have made some changes to the spread sheets to address computation errors due to rounding. Contact me if you have questions and wish to hear some derogatory comments about computer programers, the logic of “help” screens, and the helpfulness of VPN connections. There will be some more changes in the future to address the “petty cash” problem. Note, the total amount of dollars is correct and now matches the Scottrade statements. read more