The VIX had a huge move of close to 40% up. For me, it's not only the absolute number.
The MOVE is still low at 75.
Stocks and bonds fell yesterday = not so good.
GLD fell 3.5% too.
The SP500 ST signaled a sell in the last 2 days. The LT had signaled for several days already.
CEFs: PDI LT indicator, AKA weekly MACD, signaled a sell very early in May. It is still a sell.
I changed all my bond OEFs from high risk, such as EGRIX, to 2 funds that have done well in all environments since early April. One of them is ARBIX, and I posted about it a couple of months ago.
The reasons were: EM has been on a tear for over a year, since 04/2025. Instability of the Iran war, a unique global situation, has an effect on currency and rates.
The above tells me yellow light, get ready to sell. But my portfolio is still in an uptrend, so I hold.
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My post from last weekend was not correct. I looked again at my accounts.
I sold everything in early March and bought back on the last day of March and first day of April.
So, from April 1st to today, EGRIX did better than ARBIX. Compare EGRIX to PIMIX and see how it handled volatility much better, and in 3 years, it's not even close. PIMIX invests in a high percentage of high-rated bonds. That means less flexibility to rate changes.
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See YTD. PIMIX is correlated to DODIX (a good high-rated bond fund).
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Look in the last 3 years. EGRIX at 46% vs PIMIX at 24% and ARBIX at 25% but much lower SD.
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In the last 3 years: Sharpe and Sortino (down SD) were so much better for EGRIX and ARBIX
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