The Buy List YTD

Today was one of the best days for our Buy List this year. The strange thing about today is that energy stocks started off horribly, as everything else rallied. But then after lunch, the energy sector rallied to close the gap.
The thing about this market is that energy stocks are the most differentiated from the rest of the market. In other words, all the other sectors kinda sorta move together. But energy is off doing its own thing. Back in the day, tech stocks used to be like this.
Since the Buy List doesn’t have any energy stocks, it’s pretty easy to tell if we’re going to have a good day or a bad day. All 20 of our stocks were up today. For the year, the Buy List is up 9.04%. The S&P 500 is up 10.53%. Our daily volatility is about 19% greater than the S&P 500.
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Sometime next month, I’ll unveil the 2007 Buy List.

Posted by on November 6th, 2006 at 4:23 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.