Portfolio Review: July 2023
Summary Our TLT position contributed significantly to our Model Portfolio’s underperformance in July, offsetting gains in our precious metals’ exposures. We’ll be reviewing our TLT position in an Investment Radar article this week, as the S&P 500/TLT ratio is testing a key resistance level. Potential dollar strengthening due to a decelerating European economy could pose […]
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Weekly Market Roundup | Week of August 7
Key Developments The S&P 500 declined 2.3%, the worst weekly return since March. Energy was the only sector higher, climbing 1.2%, while Tech (-4.1%) and Utilities (-4.7%) lagged. Q2 earnings results were mixed throughout the week, with notable mega caps AMZN beating expectations, while AAPL missed analyst estimates, which pressured the Tech sector. The ISM […]
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Weekly Pending Setups Report | New Setups MRK, IWM, XLRE
If you missed it, we provided an introductory video that summarizes the Trader Membership and its strategy. We further went into depth surrounding our view on the potential stop loss levels in this report, and ways we think about entry prices in this report. New Setups Merck & Co. Inc. (MRK) iShares Russell 2000 (IWM) […]
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Weekly Market Round Up | Week of July 31
Key Developments The S&P 500 rose 1.0% last week with Communication Services (+6.9%) the prominent sector leader while Real Estate (-1.8%) and Utilities (-2.0%) lagged. META Q2 earnings report topped estimates on both revenue and EPS, while revenue guidance for the third quarter was also above expectations, helping buoy sentiment for the broad market and […]
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