I have been called to DISRUPT!
This thread tracks real trades in one of my portfolios. Refer to backgrounder for more info.
Another +5% week. You know what that means – we will probably give a good chunk of it back this coming week. That’s the crazy market these days. Volatility rules. Let’s take a look at this past week’s action. Continue reading “Real Money Portfolio – Update 6/15”
I am always amazed at the attention 30 stocks can generate, but the DOW remains the center of the stock universe. On Tuesday, Wednesday and Thursday it shed 400 points; creating flash backs from February 27 when it swooned 400 points in one day.  Bill Gross, aka Mr. Bonds, raised his estimates for bond yields. Rising interest rates are the market’s kryptonite.Â
Somehow all was forgotten on Friday as the DOW reclaimed 157 points. I heard someone on bubblevision say that the market has closed up the last 12 Fridays in a row.  Often merger activity is announced on Mondays.  By buying on Fridays, investors are positioning themselves for any pop on a merger announcement.  The bottom line is volatility rules and as investors we must get accustomed to 400-500 point weekly swings.Â
Since the introduction of The Big Spend portfolio I pay more attention to the general market, but my forte is commodity stocks. Commodity stocks take volatility to another level. Some weeks I would be happy with only a DOW equivalent 400 point swing. This was one of those weeks. Let’s look at the portfolios. Continue reading “Week in Review 6/8 – Bond Market Meets Stock Market and Wins”
This thread tracks real trades in one of my portfolios. Refer to backgrounder for more info.
In last week’s report, I was pleased to report that we had a great week up 5.7%. Considering an advance of that magnitude – I was expecting to give some of it back.  At one point this week, I thought that the market was going to take it all back. However, the market was gracious and only claimed 4.1%. How is that for volatility? Over the course of two weeks, we are up 1.6%. If I could do that every two weeks – it would be a pretty good year. Although, I would much prefer 0.8% per week.
Let’s take a look at the action – we did get shaken out of a couple positions.
After teasing us two weeks ago, the S&P 500 finally closed above its closing high from March of 2000. This is significant as the S&P 500 is much broader than the DOW, thus more reflective of the health of the market. From a technical perspective, new highs are significant. Essentially the sky is the limit until it is not. In other words, there is no overhead resistance to impede its climb. Sooner or later buying will cease and there will be some bagholders left wondering what happened, but until then the party is on.
Once again the broad market is capturing the headlines, but the commodities and commodity stocks is where the money is being made. Sooner or later the masses will wake up. Here is hoping for much later – I like being under the radar. Let’s see how the portfolios performed. Continue reading “Week in Review 6/1 – S&P 500 Finally Breaks Record Close”
This thread tracks real trades in one of my portfolios. Refer to backgrounder for more info.
“What a week” is becoming one of my favorite phrases. By far, this was the Real Money Portfolio’s best week of the year as it tacked on gains of 5.7% v. S&P 500 1.3%.  Also with a couple new adds - the portfolio is back to being fully invested. Let’s take a look at the action.
