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“It wasn’t raining when Noah built the ark.”
Warren Buffett
Market Commentary:
- Stock market enters the week “overbought” following eight consecutive positive days on the NYSE.
- S&P 500 advance/decline line remains stronger than the Nasdaq.
- Light week ahead for earnings releases. Walmart (WMT) and Home Depot (HD) providing insights into retail spending.
Economic data:
- Wednesday Consumer Price Index (CPI) and retail sales number, jobless claims number.
- Thursday Jobless claims number.
Our Proprietary Strategies:
Our focus remains on individual stock selection using our Magnet® and FACTS rankings. Rotation into the value sectors- insurance, finance, basic materials, and healthcare. (Be mindful of the rich valuations in many of today’s hyped companies.)
Current holdings:
FACTS:
Regeneron REGN
Allstate ALL
Cintas CTAS
Magnet®
Booz Allen BAH
Mr. Copper Group COOP
Southern Copper SCCO
More By This Author:
NewtekOne's Future Vision
Navigating Dividend Opportunities
Navigating Dividend Opportunities: Expert Insights with Sam Stovall
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