Tag Archives: Mutual funds down

POCKETBOOK: Week ending Sept.8, 2018

The S&P 500 has rewarded investors for a long time. But nothing lasts forever as the chart above shows.
  • So how you doin?

Forget what talking heads say about the markets, unemployment, our economy and place in the world. Talking heads are just talking heads reading scripts.

What counts in all of this is how your investments are performing. Your own personal investments be they in retirement or personal accounts.

Mine aren’t up 14% like the NASDAQ was year-to-date as of last week. Or up 7% like the S&P 500. Nope. A couple of months ago my performance was better than either of those two figures. Now, I’m underwater for the year. Rats.

If you’re in a similar reward position, perhaps it’s time to do some thinking and answering a few questions like:

-Are the loses greater than I can handle? Like over 10% for each holding?

-Can I handle a 10% or 20% or more loss on any or on my overall holdings?

-No matter the size of the loss (or gain for that matter) do I still want to own these companies?

-How long was I planning on owning each security?

-If I decide to sell any of my positions, what kinds of costs will that incur—like taxes and commissions?

-Finally, what will I do with the proceeds?

Unless you’re a robot, deciding if and/or when to sell a stock takes some serious considerations.

Happy thinking.


  • Market Quick Glance

Year-to-date numbers have changed—and not in an upward direction.

Below are the weekly and 1-year index performance results for the four major indices—DJIA, S&P 500, NASDAQ and the Russell 2000— including the dates each reached new highs. Data if according to CNBC.com and based on prices at the close of business on Friday, Sept.7, 2018.

DJIA 4.84% YTD down from previous week’s return of 5.04%.

  • 1 yr Rtn 18.97% up from the previous week 18.30 %

Most recent DJIA all-time high was reached on January 26, 2018 of 26,616.71. The previous high was reached January 18, 2018 was 26,153.42.


-S&P 500 7.41% YTD down a lot from last week’s 8.52%

  • 1 yr Rtn 16.41% down from last week’s 17.39%

The S&P 500 reached a BRAND NEW CLOSING ALL-TIME HIGH on August 29, 2018 of 2,916.50. The previous closing high was reached on August 24, 2018 of 2,876.16.


-NASDAQ 14.47% YTD way down from last week’s 17.47%

  • 1yr Rtn 23.52% down from last week’s 26.15%

Nasdaq reached a BRAND NEW 52-week CLOSING HIGH on August 30, 2018 of 8,1333.30. The previous high was reached on August 24, 2018 of 7,949.71.


-Russell 2000 11.57% YTD way down from last week’s 13.37%

  • 1yr Rtn 22.49% down from last week’s 23.87%

The Russell 2000 reached a BRAND NEW 52-week ALL-TIME HIGH on August 31, 2018 of 1,742.09. The previous high was reached on August 24, 2018 of 1,726.97.


-Mutual funds

And we are down.

At the close of business on Thursday, Sept. 6,2018, the average total return for funds that fall under the U.S. Diversified Equity Funds heading was 8.26% That’s down from the previous week’s 9.12 %, according to Lipper.

Small-Cap Growth Funds still lead the performance way while off a bit from the previous week—21.10%. The week before that figure was 21.86%.

Around the world, the average World Equity Fund return fell substantially: the average fund under this heading was down -5.14% ending last week. The week previous that figure was -2.04%.

Visit www.allaboutfunds.com for more information about how various equity and fixed-income funds have rewarded investors over the short-and long-term, based upon Lipper data. Short-term meaning weekly and monthly performance returns; longer-term includes quarterly, year-to-date, 1-yr, 2-yr, 3-yr and 5-yr returns.


  • One Opinion

From CNBC’s “Trading Nation” program, B. Riley FBR’s Arthur Hogan thinks that if the U.S. works out its trade issues these three industries could be good for investors over the next 16 months:


-Health care


Nothing earth shattering there.

On the other hand, Hogan expects the S&P 500 to hit 3200 by the end of 2019.

Time will tell.






For the week ending Dec.19, 2015

•Interest rates up but not where it matters most: Saving
Sorry folks, while the Fed raised interest rates by 25 basis points, or 1/4 of 1 percent, don’t expect to see any bump up of returns on the deposits you make into things such as your checking, savings or money market funds.  You can, however, expect to feel the pain of paying more when borrowing money. Gone now are cheapo rates on mortgages, car loans, credit card rates, etc.

•Market Quick Glance
Year-to-date returns based on Friday’s close, December 18, 2015:
DJIA -1.49 percent
S&P 500 -0.57 percent
NASDAQ +5.27 percent
(Source: Bloomberg)

-Mutual funds
Read Lipper’s performance figures on literally millions of various types of mutual funds every week. Published on Thursday’s, between 12-31-14 and 12-17-15, the year-to-date average return of the 6,067,922 U.S. Diversified Equity Funds it keeps track of was –2.37 percent.

Find all of Lipper’s weekly performance figures on both stock and fixed-income funds at http://www.allaboutfunds.com. Look for it in the left column of the home page.

-Stocks for Star Wars fans
Who can say what kind of impact The Force will have over the long run, but if it’s movie investing you’ve a penchant for, here are four companies, in no particular order, that have ties of one sort or another to the Star Wars movie:
-Disney (DIS). It closed Friday at $107.72, has had a 52-week trading range of $90 to $122.08 this year and pays a divided of 1.25 percent ($1.42 per share).
-Mattel (MAT) closed Friday at $26.19 per share and has traded between $19.45 and $31.25 this year. Its current dividend is a juicy 5.6 percent ($1.52 per share).
-Electronic Arts (EA) share price closed last week at $68.98. This year’s shares have ranged from $45.21 to $76.92. The company pays no dividend.
-Hasbro’s )HAS) last trade on Friday was at $65.83 per shares. The stock has traded between $51.42 and $84.42  this year. HAS pays its shareholders a dividend of 2.77 percent ($1.84 per share).

Or you could forget all that and simply buy Target or Wal-Mart.

I was in my local store over the past few days and shoppers carts were filled to their brim with not just Star Wars toys but with toys galore along with clothes, coffee makers and groceries thrown in just because.

Target (TGT) closed last week at $71.37. Its 52-week trading range: 68.15 to 85.81. The company pays a dividend of 3.10 percent ($2.24).
Wal-Mart’s (WMT) share price is cheaper closing at $58.85 on Friday and its  dividend is a tad higher at 3.32 percent ($1.96 per share).

(Prices according to Yahoo! Finance)

-On the other end of the shopping spectrum, if you’ve been waiting for shares of luxury retailer Neiman Marcus to hit the street, you’ll have to wait as its once planned IPO has been shelved.

According to Reuters.com, the Dallas-based retailer’s same store sales have fallen for the first time in six years.

Thursday, on CNBC’s “Futures Now“, Peter Schiff said that he still expects gold to reach $5000 an ounce. While he didn’t give a date, that’s gotta be some time way away. On Friday, gold was trading around $1067 an ounce, according to KITCO.
That said, Schiff doesn’t expect to see much more downside to gold’s current price. In that  interview he added: “I don’t think there’s that much downside [in gold] because I think most of this is already built into the price.”
•Generic Savings
According to Drug Store News (DSN): “Since 2005 generics have saved patients $1.68 trillion, a report released by the Generic Pharmaceutical Association showed.”

•Government monkeying around with spending
According to Watchdog.com, government agencies have “spent $8 million to put 12 primates on treadmills in Texas and paid $30,000 in fines for a host of federal violations, including performing a necropsy on a baboon that was still alive.” Oh my.

•As for a Santa Claus Rally…
Looks like investors might have to forget all of that good little boy and good little girl crap.

According to  Jeff Hirsh’s recent Tumbir post comes this: “2015 is on pace to be the first losing pre-election year for the DJIA since war-torn 1939 when Germany invaded Poland…” The S&P 500 was down 5% in 1939 and as WWII broke out in Europe the stock market was down double digits the next two years.”