Good Day for Us
Today was a good day for our Buy List. Our Buy List gained 0.71% while the S&P 500 lost 0.04%.
Of course, we get bad days as well, and I like to take each day with a grain of salt. Around here, we’re always focused on the long run.
Still, we’re human and it’s nice to see us do well. In fact, we’ve been in a bit of a hot streak lately. We’ve outperformed the S&P 500 10 times in the last 13 days. All three underperforming days were quite modest.
For the year, we’re now up 19.40% compared with 17.30% for the S&P 500 (not including dividends).
Here’s how each of our 25 stocks did today. You’ll notice that several really creamed the market.
Symbol |
Gain/Loss |
ROST |
4.31% |
HRL |
4.05% |
ADS |
3.37% |
AXTA |
3.33% |
SBNY |
3.25% |
WAB |
2.86% |
SJM |
2.38% |
ESRX |
2.31% |
CNK |
2.24% |
SNA |
1.92% |
AFL |
1.07% |
RPM |
0.74% |
ICE |
0.65% |
INGR |
0.49% |
FISV |
0.24% |
BCR |
0.11% |
CERN |
0.03% |
CBPX |
-0.18% |
DHR |
-0.40% |
MCO |
-0.69% |
SHW |
-0.90% |
CTSH |
-1.04% |
SYK |
-1.08% |
MSFT |
-1.81% |
HEI |
-3.16% |
What made today’s trading interesting was the wide divergence between sectors. For example, the S&P 500 Financials were up 1.77% today while the S&P 500 Techs were down -2.56%.
The Dow Jones Transports gained 3.30% today to close over 10,000 while the Nasdaq lost -1.27%. The Nasdaq 100 lost -1.73%. We haven’t seen that kind of divergence in awhile.
The small-cap Russell 2000 rose 0.38% while the mega-cap S&P 100 fell -0.03%.
The S&P 500 Value Index rose 0.86% and the S&P 500 Growth Index fell -0.73%.
Posted by Eddy Elfenbein on November 29th, 2017 at 4:31 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.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His Buy List has beaten the S&P 500 by 102% over the last 17 years. (more)
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