Thursday, May 16, 2024 7:53:34 AM
Tom's International Equity Warehouse (TIEW) Report........................
Yesterday our International Division had yet another Inventory Reduction. This time it was shares of International Large Cap Dividend (DOL) that were sent via special courier to their new owners.
This 5% reduction in inventory came with a healthy 20% LIFO round trip gain. It's the second sale in DOL so far this year. Shares were purchased in mid-2022, so this hasn't been a fast turn-over of inventory.
Once again, Mr. Lichello's AIM tripped trades nicely in sync with the Williams%R and Zig Zag reversals. Accumulation/Distribution history also matches up as AIM was accumulating when others were in Distribution mode, and more recently AIM has been distributing shares while others were anxiously in Accumulation mode.
Maybe I should change my motto to
"Accumulate when others are Distributing, Distribute when others are Accumulating!"
This is one of the components of my international "style" type ETF portfolio. It consists of small, mid and large cap dividend ETFs, small, mid and large cap growth ETFs and one Intl REIT fund and small and larger cap Emerging Markets ETFs.
I'm studying to learn how to say "Profits" in many different languages.....
Best wishes,
OAG Tom
Chief Executive Officer at Tom's International Equity Warehouse
Yesterday our International Division had yet another Inventory Reduction. This time it was shares of International Large Cap Dividend (DOL) that were sent via special courier to their new owners.
This 5% reduction in inventory came with a healthy 20% LIFO round trip gain. It's the second sale in DOL so far this year. Shares were purchased in mid-2022, so this hasn't been a fast turn-over of inventory.
Once again, Mr. Lichello's AIM tripped trades nicely in sync with the Williams%R and Zig Zag reversals. Accumulation/Distribution history also matches up as AIM was accumulating when others were in Distribution mode, and more recently AIM has been distributing shares while others were anxiously in Accumulation mode.
Maybe I should change my motto to
"Accumulate when others are Distributing, Distribute when others are Accumulating!"
This is one of the components of my international "style" type ETF portfolio. It consists of small, mid and large cap dividend ETFs, small, mid and large cap growth ETFs and one Intl REIT fund and small and larger cap Emerging Markets ETFs.
I'm studying to learn how to say "Profits" in many different languages.....
Best wishes,
OAG Tom
Chief Executive Officer at Tom's International Equity Warehouse
Buy from the Scared; Sell to the Greedy.....
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