Momentify rebalancing

Amol Date

Hi team,

I have a query on ETF momentum investing.

I have an ETF momentum strategy running and for the last two months, Nasdaq 100 ETF is coming in addition. However, I cannot buy it on the rebalancing day as it is always on upper circuit. It happened this month also and this time Nasdaq 100 quality 50 is also added to it. Both are on upper circuit.

As a result my 5 stock ETF portfolio is currently only 3 ETFs. Should you provide an option to buy the next available ETFs so that funds are always invested or that would be wrong? Because currently that is not possible.

Krishna K

Good idea to have next few more ranked ETFs to show as optional to buy.

May I know your view on "All one ETFs(Domestic) " ? I am thinking to use it.

Amol Date

I think that might be a better idea if all ETFs are domestic, atleast your capital is deployed at all times. Though you would then miss out on the moves on foreign ETFs.

Krishna K

Create another virtual 7 ETF with exit rank of 10(I am assuming ur existing exit rank currently is 10). Keep rest of the settings same.
Now u have 7 ETF in virtual strategy.
If automatic buy is not happening, buy in Zone website and add stock in to this strategy.

or

U can create yourown group without Nasdaq100. Its called GroupManager. Download exisitng group, delete Nasdaq100 and reupload as new name. Paid subscription is needed for it.

Momentify rebalancing

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