Equity markets hit a new all-time high, but the Seasonal ETF (HAC) we used to manage until 2015 is sitting 90% in cash and equivalents. It's now at new all-time relative lows versus the S&P 500 Index, which says a lot about how poorly that approach has played out. Our work has pointed toward pushing back against seasonal negativity at this point in the year, and the portfolios we manage are fully invested in stocks. SPX $SPDR S&P 500 ETF Trust(SPY)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments