Portfolio Updates & Weekend Readings

For November there was no change in the US Sector Momentum portfolio – it continues to hold Health Care Select Sector SPDR (XLV).

The Basic ETF Portfolio sold PowerShares DB Commodity Index Tracking (DBC) and purchased Vanguard FTSE All-World ex-US ETF (VEU). You will remember last month that DBC and VEU were virtually tied based on momentum.

I will be sitting quietly in a deer stand this weekend so there will be no further commentary on the two portfolios above.

Below are some articles for the weekend:

Distinction Without a Difference – John Hussman

The Quest for Certainty (pdf) – John Mauldin

 Regression to Trend – Doug Short

Is the Stock Market Cheap? Doug Short

Improving on Risk Parity – The Idea Farm

Time to Vote! Bill Gross