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SPY Value Averaging Allocations (12/31/2020)

Dec. 31, 2020 1:05 PM ETSPDR® S&P 500 ETF Trust (SPY)
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Seeking Alpha Analyst Since 2012

I am a conservative individual investor nearing retirement (within the next 5 years). My portfolio is split between a traditional and an Roth IRA.  I manage both by systematically scaling in and out of the market depending on whether the market is overbought or oversold in the short term, and uptrending or downtrending in the long term.


  • Should I be in the stock market?  YES.
  • Confidence? FULL.
  • Allocations? 0%.

No changes from last week. SPY has traded basically sideways again this week, which is giving the major moving averages a chance to catch up slightly, but SPY is still too extended to trigger any new purchases. It will take either a longer consolidation period or a pullback (or some combination of the two) to trigger any buying in my system.

As previously mentioned, the SPY allocation percentage above applies to my stock allocation, not my whole portfolio. So, since I am targeting 60/40, I am 60% cash and 40% bonds.

Even though today is Thursday, it is the close of this week (and the year), since tomorrow is New Years Day and the markets will be closed. See you next week, and Happy New Year!

Analyst's Disclosure: I am/we are long SPY.

I am long SPY according to the allocation presented in the blog post. I am not an investment advisor. Do not take this or any of my posts as investment advice.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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