Portfolio, February 2, 2015

S&P 500:                 1996.7 (up 42.1%)

Portfolio:         $917,176 ( up 83.4%)

IBB                    1153 shares    $373,168
VHT                2025 shares    $259,463
IYT                   1832.23 shares    $284,545 (selling)

IYR                  3502 shares        $284,545 (buying)

Notes: The portfolio is selling IYT, which is underperforming and is less promising in the face of increasing gas prices, and moving to IYR, a real estate ETF.  IDU (utilities) was also considered, but their recent run already anticipates long-term growth, and bottoming oil prices directed attention elsewhere.