April 2015 Portfolio Update and May changes

Well, that was an awful month for the portfolio….down 3.21% and that makes this portfolio down 2.61% since its inception. The market itself it oscillating and going nowhere and its times like these that people make the mistake of chasing other strategies or chasing recent performing sectors.  The key to any strategy is sticking with it long enough for it to work and with our trend following strategy, eventually the trend we are riding will end.  The good news is we don’t have to sit and wonder what to do next because the sixth grade math tells us what to do, and as usual I disagree with it!

Here is how the portfolio ended April.

04/30/15 Shares
VNQ 393 79.38 31196.34 -5.85%
MTUM 492 69.57 34228.44 -1.04%
VGLT 404 77.85 31451.40 -3.08% Paid .162 per share 4/6 added to cash
Cash 516.01 Change Month $ Change Month All Time
97392.19 -3.21% -3229.08 -2607.81

We received two sell signals and two buy signals so we sold VGLT and VNQ both of which we held for 6+ months and we replaced them with VWO and VTV.  VWO is an Emerging Market ETF and VTV is the Vanguard Large Cap Value ETF.  Are these good picks for May?  I don’t know but as the old saying goes,

He who lives by the crystal ball will eat shattered glass.

Here is the current portfolio.

05/31/15 Shares
VTV 372 84.77 31534.44
MTUM 492 69.57 34228.44 0.00%
VWO 720 43.9 31608.00
Cash 21.31 Change Month $ Change Month All Time
97392.19 0.00% 0.00 -2607.81