“In the investing blog, I seek to help you take sound investment decisions free from emotion by sharing my objective insights on markets, sectors, and companies.”
A bleak economic outlook from the Federal Reserve and fears of a resurgence in the COVID-19 pandemic in the U. S. weighed on stock prices last week.
The reopening trade was in full swing last week on signs of a rapid economic recovery from mandated shutdowns. The strong May jobs report was the highlight.
The lockdown-relief rally extended into the early part of last week. The rally was, however, partly undone by rising tensions between the U. S. and China.
Stocks rallied on encouraging coronavirus vaccine trial data and rising expectations of a rebound in economic activity. Transportation stocks thrived.
Cautious comments from Dr. Fauci and Mr. Powell dampened the optimism of a quick economic recovery last week. Healthcare stocks fared well in this setting.
The stock market returned to focus on earnings reports during the week ending May 8.
Risk-on trades flourished in the early part of the week. This rally, however, started to unravel by the end.
The Fidelity and ETF Core and Focus model portfolios have gained at annualized rates of 14.6% and 17.8%, respectively since 1994. The model portfolios will be repositioned with new mutual fund and ETF recommendations on Monday, September 30.
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THE GOOD NEWS JUST BEGINS!
DEC. 1993 to DEC. 2023| Fidelity Agg. Growth | 17.8% |
| Fidelity Growth | 14.6% |
| ETF Agg. Growth | 17.5% |
| ETF Growth | 14.3% |
| No-Fee Growth (inc. 2009) | 10.9% |
| S&P 500 | 10.1% |
DEC. 2013 to DEC. 2023| Win Rate | 91% |
| Avg. Holding Period | 2.6 months |
| Avg. Gain | 12.8% |
