Signals for CINF, BEN, CARR, VGT

Today our systems created four signals: three sell signals and one buy signals.

Reduce: Cincinatti Financial Corporation

Based on the sell signal for Cincinatti Financal Corporation (CINF) we reduced our position at an average price per share of USD 71.12. With average unit costs of USD 55.70 this represents a gain of 27.68%, a very good result.

The previous sell signal was on Thursday, 04 June 2020, at a price of USD 64.3017 (see blog post).

We started this position in 2016 and increase and reduced our holding several times since then to make use of good buying and selling opportunities.

Reduce: Franklin Resources

And another sell signal for Franklin Resources (BEN). We already reduced this position somewhat on Friday, 05 June 2020 (see our post), at a price of USD 22.68.

Today we reduced it further at an average price per share of USD 24.2850. With unit costs of about USD 16.46, this means a gain of 47.54%. This is quite satisfactory.

This position was started in 2016. We added and reduced this position several times to seize good opportunities.

Reduce: Carrier Global Corporation

Carrier Global Corporation (CARR) has seen several sell signals recently (see our blog posts here, here and here). We started this position in April 2020 and increased several times in that month. In May our systems started to created sell signals, so we reduce our position several times.

Today we sold at an average price per share of USD 24.2850. With unit costs of USD 13.32 we realized a gain of 82.32%, which is a very satisfactory result.

Add: Vanguard Information Tech ETF

To increase our exposure to the technology sector we started the position in Vanguard Information Tech EFT (VGT) earlier this month. Today we added at an average price of USD 271.96.

Like all other holdings mentioned in this post, we see VGT as a long-term investment, although we may choose to follow our system's signals to increase or decrease respectively.

Disclaimer

Past results have no bearing for future results. Keep in mind that we do not accept any responsibility for your investment decisions. Do your own research and due diligence and consult with your financial advisor before making decisions. Any investment vehicle mentioned on this site is used for illustration purposes only and does not constitute investment advice.