Again, free site readers please take no offense. It’s a dual subscriber update/NFTRH promo. I simply do not think that my actual buys and sells are worth messing up subscribers’ concentration in an already shall we say, dynamic market.
As for the ‘income’ fund, we used Templeton’s TEI and laid out a technical case for price appreciation and also a fundamental case, including dividend income and a price to NAV discount. Well , & .
After culling a couple of quarterly dividends and some good NAV appreciation I am taking another profit (plus div.) after a nearly 4 month hold. I am not a day trader, but I am a trader, after all. Here’s the weekly chart from the original update. The buy was as TEI was grappling up and down and testing support. Since then it has become all too easy for people to fancy the EMs. I’ll wait for another lower risk period (as with India, noted earlier). I think EM and EM income can go higher over time.
A reminder that chart based NFTRH+ updates are technical trade setup ideas, which may not be revisited as the buy, sell, stop parameters are already noted. They are meant as a starting point for further research if interested. I will not personally buy every item highlighted and will sometimes sell – without prior notice (because this takes time and resource away from NFTRH’s main functions) – any item that I do buy, below target, which is something I often do as a trader. Also please be aware that I am not a fundamental stock analyst. Due diligence is your responsibility.