THE REAL INVESTMENT REPORT IS OUT!

The first week of December continued the bullish run as exuberance exploded higher in anticipation of more stimulus and a vaccine. If there was only a sign that told us that risk outweighs the current reward.

December 3, 2020

PORTFOLIO UPDATE – EQUITY PORTFOLIOS

We are increasing our holding in PSA (Public Storage) from 1% to 2% in portfolios.

After adding our position initially, PSA advanced strongly. We have been waiting for an opportunity to bring the position up to normal portfolio weight. With the pullback to the bottom of the Keltner Channel, and the MACD looking to turn positive, with the Williams %R turning up, we are adding to the position.