TL;DR
Two watchlist breakouts triggered simultaneously — Ametek (AME) and iShares Core MSCI EAFE ETF (IEFA) — both added to the Mex Pete Model Portfolio as active positions. AME enters at 233 stop; IEFA enters at 97 stop. These are the first new portfolio entries since the portfolio went to zero active positions on June 30, ending the longest zero-position streak in its documented history (34+ days across fifteen snapshots). [Source: PSE, pse-sub-email-gann-26a-for-2026-7-portfolio-alert-ame-iefa]
Key Points
- AME (Ametek) added to portfolio: Entry at 233. The stock formed a Mexican Pete pattern after topping near $240 in February — a series of smaller pullbacks indicated accumulation in the base. Breakout is to new all-time highs.
- IEFA (iShares Core MSCI EAFE ETF) added to portfolio: Entry at 97. IEFA was first added to the US Watchlist on July 13 (buy >$99) as part of the DXY-reversal international equity rotation thesis from Gann #21. It is now breaking out to brand new highs.
- Both triggered from the watchlist: “Both of these stocks showed us the exact price action we were waiting for to trigger our entries.” This is the textbook Mexican Pete methodology — wait for the breakout confirmation before deploying capital.
- End of the zero-position drought: These are the first new active positions since June 30, when CMG’s stop-out left the portfolio fully in cash. The 34+ day zero-position streak across fifteen consecutive PDF snapshots was the longest in the portfolio’s documented history.
Notable Quotes
“Both of these stocks showed us the exact price action we were waiting for to trigger our entries.”
Watchlist Changes
- ADD: AME (Ametek) — added to Mex Pete Model Portfolio at 233. Mexican Pete breakout to all-time highs. Previously added to US Watchlist in Gann #26 (same day).
- ADD: IEFA (iShares Core MSCI EAFE ETF) — added to Mex Pete Model Portfolio at 97. International equity rotation play; breaking out to new highs. Previously on US Watchlist since July 13 (buy >$99).
Emma’s Analysis
This is a watershed moment for the portfolio. After 34+ days and fifteen consecutive zero-position snapshots — the longest cash drought in the portfolio’s documented history — Anderson is finally deploying capital again with two simultaneous breakout entries. The choice of entries is telling: AME is a classic domestic industrial Mexican Pete at all-time highs (the textbook setup Anderson prefers), while IEFA is the international equity rotation play that crystallises the DXY-weakness thesis he’s been building since Gann #21 (July 8). The IEFA entry, in particular, confirms that the dollar seasonal reversal is translating from a watchlist thesis into a committed position. This reactivation of the portfolio after the June-July drought aligns with Gann #25’s read that “another US stock market low is likely in place for the year” — new entries are the confirming signal of that call. Within the 18.6-year cycle framework, the resumption of long entries (as opposed to the short-only posture of June-July) suggests Anderson sees a final leg up before the cycle peak, consistent with the “Winner’s Curse Phase” thesis where late-cycle breakouts can still produce powerful rallies even as macro signals deteriorate. [Source: PSE, pse-sub-email-gann-26a-for-2026-7-portfolio-alert-ame-iefa]
Cross-references: 2026-08-05-gann-26-market-update-august-4, 2026-08-03-mex-pete-portfolio-snapshot, 2026-07-28-gann-24-commodities-breakout-gsg-dba-drs