I don’t have much to say again this week. As far as stock holdings go, I have only one stock, VLO, which currently has an open profit of 7.5% and I have a 6% trailing stop on it.

My model portfolio is down 6.2% YTD versus a drop of 12.7% for the 60/40 portfolio. It certainly is not the profitable year 2021 was.

Tactical Asset Allocations