SHARPE INCOME … Exiting IVV Position

Posted on Jun 13 2016 - 12:05pm by Sharpe Trade

The original Sharpe Income post that explains this project can be found here.

The Sharpe Income category be found by clicking on that red ‘Sharpe Income’ tag next to this post title, or by clicking here.

We continue the discussion from the last entry.

We began this project with $500. All in an effort to help out the small retail investor understand the importance of growing an income account, as opposed to a trading account. The following numbers are taken from our PDF that is attached below.   Remember that the numbers are computed off of Friday’s close …

Total Sharpe Income Balance: $2,411.15
Total Sharpe Income YTD Return: + 2.89 %
Sharpe Income YTD Yield: + 2.17 %
Total Sharpe Income YTD Maximum Draw-down: – 6.84 %
iShares Barclay’s IEF Return: + 6.3 %
S&P 500 Index YTD Return: + 2.55 %

House-Keeping / Maintenance
This week the entire capital deposit is placed in our “dry powder” category.  Simply put, capital we keep on hand that we can use in any aspect of the project in the future.   Among our ‘Income Assets’, we were also paid our IBM dividend last week.  We were also paid two dividends in our ‘Capital Gains’ strategy.  So our cash on hand is reserved thusly


Moving Forward
In the capital gains strategy, I am going to consider the IVV position as sold, at current prices.  So a few minutes after this post is published?  We’ll consider IVV as gone and sold.  We’ll update the spreadsheet, a bit later.  At this point, it could be that the Stock Market will drop farther.

The link to the Google Drive Spreadsheet that you can view, that we will edit, build upon and refer to over time can be found at this link.

We continue the Sharpe Income project with this next entry.

The Sharpe Income PDF breakdown for Week 81 can be found here (numbers computed off of Friday’s close) …

6 Comments so far. Feel free to join this conversation.

  1. mappy June 13, 2016 at 3:39 pm - Reply

    Wendy’s is looking sloppy. May exit soon.

    • Dan June 14, 2016 at 7:45 am - Reply

      Yeah … I see what ya mean. Looking like the bottom is falling out …

  2. mappy June 14, 2016 at 10:30 am - Reply

    Ouch, 2 losses in a row. Was down on WEN by 10% today. I sold out of it. I’m not waiting to see what happens or average down on it.

    The only position I have left is in XOM.

    Scary thing is my silver coin collection is green for the year. LOL!

    • Dan June 14, 2016 at 6:47 pm - Reply


      Yeah … had a feeling the overall market was heading lower. Well … feeling, but that’s some of the momentum tools we use on the smaller, 1 day time-frames.

      Checked out TOL. nice intrinsics, though technically, it might have a lot more to fall in the future. That’s just technicals though. Only one aspect. 🙂


  3. mappy June 15, 2016 at 10:31 am - Reply

    I’m throwing a lot of ideas around. It’s just too darn muddy with this election going on. I may just sit out and save some cash for next year.

  4. mappy June 15, 2016 at 10:33 am - Reply

    Wendy’s is just plain weak. The market roars higher, it goes no where. The market gets smacked, WEN gets trashed. I just to like the way it acts. I don’t know why I just don’t listen to myself in the first place and get some AWK.

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