Day 156: Sleep On It - Up 21.59%
The Mother's Little Helper portfolio was up today +$1,359.25 (+0.19%).
Overall GAIN YTD: +$126,048.43 (+21.59%).
According to CNN Money our benchmark index, the S&P 500 is up +7.73% Year To Date (http://money.cnn.com/data/markets/sandp/).
Nothing too exciting to talk about today. Stocks closed lower today with financials leading the losses. Crude oil fell again today, and domestic economic reports were not great. Treasury yields fell and gold was rose and the dollar hunkered down on the flat line.
It's always interesting to me that when the market is dull or the news looks grim all the doom and gloom reports flourish. And there seems to be an assumption that the current news will just simply continue as the new normal. But good news disappears in deaf ears. I wonder sometimes if it's just a way for the authors to maintain relevance when there's nothing to report, or do they really believe that companies look at the Fed's beige book report and decide to execute poorly on their business plan. Separating News from Noise can be hard and sometimes you just have to sleep on it and see what the next day brings.
Amidst all the doom, gloom and blahhhh news, The Mother's Little Helper Portfolio took another step up (+0.19%).
Stay Invested,
Clay Baker
Disclosure: I am personally invested long in these stocks that appear in the MLH portfolio and may purchase or sell share withing the next 72 hours. I am also invested in other stocks that do not appear in the MLH portfolio: BA, BRK.B, CELG, CSCO, CTXS, CVX, DOW, DVAX, FB, IBM, NTES, NVDA, OMER, PFE, PG, RDHL, SCHW, THO, TWX, VEEV, VZ, XLNX, XOM
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
This article is not intended to offer investing advice, guarantee 100% accurate predictions, or to be interpreted as providing a personal recommendation.
