Day 123: Goldilocks & the Bears

The Mother's Little Helper portfolio was down -0.10% today for a loss of -$684.97. Overall gain to date: +$110,724.96 (+18.96%). According to CNN Money the S&P 500 is up +6.49% Year To Date (http://money.cnn.com/data/markets/sandp/). Are we in a 'Goldilocks' economy? Are we in a 'Goldilocks' stock market? I really don't have an answer to this question, but the conditions seem to all be in place. Does it matter? No not really because it's always hard to know where we are in a normal cycle or if the Goldilocks phase we're in is in a peak or growth stage. The market Bears will always say, "we're poised for a pull-back, or a correction or a recession. Calamity is always just around the cor

Day 120: Canadian Tariff Works

The Mother's Little Helper portfolio was up +0.73% today for a gain of+$5,058.31. Overall gain to date: +$112,087.99 (+19.20%). I had to widen the portfolio chart to accommodate the larger returns. According to CNN Money the S&P 500 is up +6.69% Year To Date (http://money.cnn.com/data/markets/sandp/). Today we have earnings results from Caterpillar, Pacific Premier Bancorp and Logitech. Logitech will not report until 9:00 pm eastern time, the conference call will be held tomorrow. CAT smashed the consensus earnings expectation posting $1.28/share vs. .62 cents expected. Pacific Premier Bancorp missed by .08 cents, posting earnings of .34 cents a share vs. .42 cents expected. Canadian Lum

Day 119: Stay Invested

The Mother's Little Helper portfolio was up +1.15% today for a gain of +$7,883.30. Overall gain to date: +$107,010.98 (+18.33%). According to CNN Money the S&P 500 is up +6.04% Year To Date (http://money.cnn.com/data/markets/sandp/). Tomorrow we'll have earnings from several portfolio companies, Caterpillar, Logitech and Pacific Premier Bancorp. Today was one of those days where you were happy to have stayed invested. I have been most impressed by the increasing earnings and excellent forward outlook coming from industrial companies like Illinois Tool Works, Snap-On tools, Honeywell, CSX, Caterpillar and others. Anyone who listened to the noise and sold off on the advice of the doomsdayer'

Day 116: Waiting on the French

The Mother's Little Helper portfolio was down (-0.39%) today for a loss of -$2,705.80. Overall gain to date: +$99,107.81 (+16.97%). According to CNN Money the S&P 500 is up +4.91% Year To Date (http://money.cnn.com/data/markets/sandp/). None of our portfolio companies reported earnings today. I love France, I've thoroughly enjoyed every trip I've made there. My mom and dad even sold their house and moved to France for a while. Whether I'm wondering where my meal is in a French restaurant, trying to get to the top of the Eiffel tower or fumbling with the French cuffs on my dress shirt; one thing remains constant, I'm always waiting on something French. Today was no different. Markets op

Day 115: Up +17.44%

The Mother's Little Helper portfolio was up today (+1.08%) for a gain of -$7.304.55. Overall gain to date: +$101,813.20 (+17.44%). According to CNN Money the S&P 500 is up +5.23% Year To Date (http://money.cnn.com/data/markets/sandp/). Another good day, markets took on some added risk as several companies reported good earnings and Treasury Secretary Steven Mnuchin provided some good sentiment that a tax package was coming ' soon'. Dow component American Express had the biggest impact, as their earnings and revenue beat helped the Dow increased 1%, the S&P 500 ticked up 0.9%, and the Nasdaq climbed 1%. To me the most interesting report today came from Railway operator CSX ( CSX). CSX blew

Day 114: Portfolio Plays Good Defense

The Mother's Little Helper portfolio was up today (+0.47%) for a gain of -$3,171.51. Overall gain to date: +$94,614.14 (+16.20%). According to CNN Money the S&P 500 is up +4.44% Year To Date. The DOW was down -118.79 points today, while the S&P 500 was down -4.02. The drop in the Dow was primarily caused by one stock, IBM. This is the 20th consecutive quarterly miss for IBM. Maybe Warren Buffett has the patience to wait on IBM, but I find it excruciating to watch this company try to turn around. Given my general dislike of IBM, why is it in the portfolio? Simple, my earlier homework said go with it and I followed the numbers and checked my emotions at the door. To date the top 15 stocks

Day 109: Earnings Calendar

The markets are closed today for Good Friday. Yesterdays post, "Blame The Bunny?" turned out to be one of the most read posts to date. I've been asked, "why do the stocks in the portfolio go up and down, what can I look at to understand the price movements?" It depends, there are a host of factors that cause stock prices to go up, down or sideways. Management, earnings, revenues, geo-political events, weather, buy-outs, mergers, acquisitions, you get the idea. For now let's just focus on earnings, the most fundamental of the fundamentals are earnings. “Price Is What You Pay, Value Is What You Get” - Warren Buffet Stocks in The Mother's Little Helper Portfolio will start reporting earnings

Day 108: Blame the Bunny?

The Mother's Little Helper portfolio was down today (-0.60%) for a loss of -$4,072.64. Overall gain to date: +$85,797.01 (+14.69%). According to CNN Money the S&P 500 is up +4.03% Year To Date. Corporate earnings season is upon us and we're learning that many companies, major banks in particular are doing well, earnings are up. Normally this news would cause stocks in these companies to surge, but today we also learned that the US dropped the largest non-nuclear bomb in our arsenal on a site in Afghanistan. Should an attack in a remote area of a remote country have any effect on your investments, well yes, because one of the biggest drivers of the markets is uncertainty. Lately the market

Day 105: Day 100?

The Mother's Little Helper portfolio was down today (-0.28%) for a loss of -$1,908.48. Overall gain to date: +$95,622.68 (+16.38%). According to CNN Money the S&P 500 is up +5.29% Year To Date. A lot of talk is made about the first 100 days, usually referring to the first 100 days of a presidency, commenting on the time frame when a president has the greatest influence. Did you know that the phrase was first coined by Franklin D. Roosevelt in a radio address discussing the first 100 days of the 73rd Congress? Some of you may notice that I'm writing about the first 100 days on Day 105, itself a comment on what I think about arbitrary numbers that appear a lot in the world of investing. I

Day 102: Anger vs. Fear

The Mother's Little Helper portfolio was down today (-0.05%) for a loss of -$355.70. Overall gain to date: +$83,488.68 (+14.30%). According to CNN Money the S&P 500 is up +5.21% Year To Date. I was asked recently what I think is driving the markets; this question is being asked repeatedly by pundits, commentators, hedge fund managers and home-gamer investors like us. I'm not sure why anyone thinks I might have the answer, I just have my opinion, which is all anyone has to offer. I used to see Good vs. Bad, Republican vs. Democrat, Rich vs. Poor, pick your lens of the world. Today there seems more like Anger vs. Fear. For some, Trump represented Anger and Clinton represented Fear. Look

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This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice.
This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.

© 2016 by Clay Baker all rights reserved