The Buy List Takes the Lead…Kinda

Thanks to a 9.99% jump from Ross Stores (ROST), our Buy List has taken a tiny lead against the S&P 500 YTD. Through Friday, we’re up 15.32% compared with a gain of 15.19% for the S&P 500.

We had been trailing the S&P 500 since July 20. By September 7, we were trailing by 211 basis points, and we’ve made it all up.

The Q2 earnings season was pretty tough on us. From July 17 to August 7, the S&P 500 gained 0.89% while our Buy List lost 1.95%. That may not sound that bad, but for us, it’s not good.

There is an important footnote to these stats and that is that I haven’t included dividends (I just haven’t had the time). The Buy List’s yield less than the market so I expect that we’re still trailing the market with dividends. However, we have momentum on our side.

Posted by on November 20th, 2017 at 9:27 am


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.