Friday, March 27, 2020

Investors need to be comfortable with what we don't know: Michael Farr

March 27, 2020

Here is the link.

SPX 18% up in 3 days.
Dow up 13% this week

Dow's best week since 1938

Dow leaders WTD
Boeing  159.70 +68.09%
Home depot 190.56 +25.25%
Nike 83.24 +23.41%
American express 88.68 +19.64%
United Tech. 97.15 +17.71%

S&P leaders WTD
Boeing 159.70 +68.09%
Lincoln national 27.46 +60.96%
Discover financial 38.40  +52.08%
Union group 15.97 +51.23%
Royal caribbean 34.46 +44.73%

Nasdaq 100 leaders WTD
Western digital 42.39 +36.52%
American Airlines 13.92 +34.10%
United Airlines 32.11 +31.06%
Lam Research 241.00 +28.27%
Ross stores 81.56 +27.64%

S&P sector leaders WTD
Utilities 283.10 +17.68%
Industrials 498.02 +15.43%
Real estate 193.83 +15.41%
Energy 217.56 +12.18%
Financials 349.66 +11.84%

28 of 30 Dow stocks rise this week

Dow down 15%

S&P laggards YTD
Apache -80.97%
Norwegian cruise line -79.40%
Nobel energy -78.22%
Devon energy -75.51%
Diamondback energy -74.35%
United airlines -63.55%
American airlines -51.46%
Marriott intl. -47.93%
Expedia -44.69%
Fox corp, class A -39.28%

S&P Sector laggards YTD
Energy -52.34%
Financials -31.63%
Materials -27.87%
Industrials -27.57%
Discretionary -19.88%

Do not be emotional. Data driven, and bottom will be tested ...

Actionable items


I should think about buying some S&P sector laggards ETF next few months.













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