KEEP THE EMAILS COMING!! THANKS TO AN EAGLE EYED VIEWER I REALIZE NOW VAN DID DO A WEEKEND REVIEW ALREADY. UNFORTUNATELY IT DID NOT WORK OUT. IN FACT IT WASN'T REALLY A REVIEW OF IDEAS JUST A WRONG HEADED STATEMENT. AYYYYYYYYY.
Welcome to Friday 6/23, and the kick-off of VZ's trademarked "Value-Week" of 2023.
The semi-annual portfolio rebalancing of the whales has commenced and a rotation out of the tech high-flyers and into granny stocks will be the way to go. Especially this year as recessionary fears prevail, and we enter the last quarter before Q4 2023---- which as I have said will be a disaster when 45M student loans become payable starting in August. It might turn out to be the worst Q4 in recent history from the standpoint of consumer spending.
~Starting today new long positions should be focused on buying value and not "stories" as the rally winds down and reality sets in. Lots of good short candidates out there among certain tech stocks and other story stocks. Trade accordingly.
WHAT HAPPENED? NAZ TOOK OFF AS STONEY PREDICTED. AI AND SPEC STKS TO THE MOON.
For June and July, the S&P 500 TR was up 10.03% (6.61% in June and 3.21% in July). The top 10 issues contributed 34.4%. Gone are the days when 8 issues (7 companies) accounted for all the gains (excluding them, the market would have been negative), as it now takes 331 issues to negate the index for the period after May 31, 2023. Not that size doesn’t count (Apple, NVIDIA and Tesla still headed the June-July list, accounting for 19% of the gains, as Information Technology accounted for 24.5%)
VALUE DIED ON THE VINE.
MAYBE IT WAS JUST BAD VAN TIMING-- COULD THIS WEEK BE THE REAL VALUE WEEK WITH LOTS OF IDEAS-- RESEARCH .. TA BUY POINTS, INSIDER!
CAN'T WAIT!!!
Welcome to Friday 6/23, and the kick-off of VZ's trademarked "Value-Week" of 2023.
The semi-annual portfolio rebalancing of the whales has commenced and a rotation out of the tech high-flyers and into granny stocks will be the way to go. Especially this year as recessionary fears prevail, and we enter the last quarter before Q4 2023---- which as I have said will be a disaster when 45M student loans become payable starting in August. It might turn out to be the worst Q4 in recent history from the standpoint of consumer spending.
~Starting today new long positions should be focused on buying value and not "stories" as the rally winds down and reality sets in. Lots of good short candidates out there among certain tech stocks and other story stocks. Trade accordingly.
WHAT HAPPENED? NAZ TOOK OFF AS STONEY PREDICTED. AI AND SPEC STKS TO THE MOON.
For June and July, the S&P 500 TR was up 10.03% (6.61% in June and 3.21% in July). The top 10 issues contributed 34.4%. Gone are the days when 8 issues (7 companies) accounted for all the gains (excluding them, the market would have been negative), as it now takes 331 issues to negate the index for the period after May 31, 2023. Not that size doesn’t count (Apple, NVIDIA and Tesla still headed the June-July list, accounting for 19% of the gains, as Information Technology accounted for 24.5%)
VALUE DIED ON THE VINE.
MAYBE IT WAS JUST BAD VAN TIMING-- COULD THIS WEEK BE THE REAL VALUE WEEK WITH LOTS OF IDEAS-- RESEARCH .. TA BUY POINTS, INSIDER!
CAN'T WAIT!!!
