The recommended core allocation for the coming week is QQQ-PowerShares QQQ. After 4 weeks in TLT, underlying trends in the market support a rotation out of “Risk Off” themes and into “Risk On”.
So far this year, Absolute Return is up 6.31%, where as the S&P 500 is up 2.54%, the MSCI World is up 0.61% and the Nasdaq remains negative, -1.65%.
Opinions regarding market and asset specific direction may vary, but it is best to adhere to a time tested process in decision making. Ignore the noise and stick with what works.