Tag Archives: Navellier Marketmail

POCKETBOOK Week Ending March 29, 2019

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  • What a quarter

When 2018 came to a close, generally speaking, there wasn’t much enthusiasm for robust returns coming round by the end of  Q1 in 2019. But that was months ago thinking. Today, the proof in the pudding has been revealed and 2019’s first quarter was a whopper with all indices scoring big.

According to a recent piece at CNBC.com by Bob Pisani, the quarter’s gains were shared across the board with technology stocks leading the most, up 17 percent, oil rallying from $43 at year’s end to almost $60 at the end of March 2019, industrial stocks up 15 percent with 90 percent of  S&Ps stocks  up.

And that’s all happened with the worries about what an inverted yield curve could mean to equities going forward and investor thinking.

From where I sit, the only investor thinking that matters is how you—the individual investor—are thinking. Did you rethink your personal and retirement portfolio after seeing your 2018 returns? If you did, are you glad you did, sorry you fiddled with things and/or wished you had let things go on as they were.

Whatever. The only right answer with respect to assessing quarterly–or annual– market returns is how your investments are holding up and serving you.

As in life, everyone’s portfolio holdings are as different as is the size of each of our noses, ears, waistlines and our income, savings and retirement accounts.

May each grow respectfully over time.

 

  • Dividend paying stock ideas from Louie

 I’ve always been a big fan of dividend paying stocks. Once upon a time, and when I first became a stockbroker in the early 1980’s, word was stocks paying dividends were considered a good conservative play for widows and orphans. Forget the images that thought conjures up, dividend paying stocks have pretty much always been a good play for most types of investors—the married, widowed, young, old, single, divorced, the rich and underfunded.

In Louis Navellier’s Marketmail newsletter dated March 26, 2019, he suggested investors research and consider these big blue-chip dividend paying stock ideas:

  • PepsiCo Inc. (PEP). It pays a dividend yield of 3.07% and owns brands like Diet Pepsi, Aquafina, Doritos, Lays, Lipton, Gatorade, Fritos, and Mountain Dew.
  • Kimberley Clark (KMB) pays 3.38%
  • Dominion Energy (D) paying 4.86%
  • PPL Corp. (PPL) paying 5.13%
  • Verizon (VZ) paying 4.06%

 

  • Market Quick Glance

And what a week it was with all three of the indices bringing home the bacon deliciously in their year-to-date returns.

Below are the weekly and 1-year index performance results for the three major indices—DJIA, S&P 500 and NASDAQ — including the dates each reached new highs. Data is according to CNBC.com and based on prices at the close of business on Friday, March 29, 2019.

DJIA 11.15% YTD up a jump from the previous week’s 9.32%.

  • 1 yr. Rtn 7.57% up from the previous week 6.45%

Most recent DJIA a new ALL-TIME CLOSING HIGH was reached on Oct.3, 2018 of 26,951.81. The previous high was reached on Sept. 21, 2018 of 26,796.16.

 

-S&P 500   13.07% YTD a jump up from the previous week’s 11.72%

  • 1 yr. Rtn 7.33% up from the previous week’s 5.94%.

The S&P 500 reached a BRAND NEW CLOSING ALL-TIME HIGH on Sept. 21, 2018 of 2,940.91. The previous closing high was reached on August 29, 2018 of 2,916.50.

 

-NASDAQ 16.49% YTD up from last week’s 15.18%%

  • 1yr Rtn 9.43% a jump up from last week’s 6.64%

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.

 

-Mutual funds

Repeat from previous week ending March 21, 2019:

The year-to-date cumulative total reinvested performance of U.S. Diversified Equity Fund was 14.26% at the close of business on Thursday, March 21, 2019, according to Lipper.

Among the 408 Mid-Cap Growth Funds that fall under that huge Diversified category, the average year-to-date return was an impressive 20.17%. Small-Cap Growth Funds, however, performed better: 20.37% for the 592 funds that Lipper tracks in that group.

And then there are Equity Leverage Funds—-the average YTD performance of the 228 funds under that heading was 28.36%.

On the other hand, Dedicated Short Bias Funds’ average YTD return was -20.61%.

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.

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POCKETBOOK: Week Ending Sept. 29, 2018

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  • October High

Turns out, if you’re a fan of #1 hits, October has been the #1 performer in monthly stock market performance over the past 20 years, according to the Bespoke Investment Group.

Looking ahead, time will tell how the 10th month of this year will perform but talking heads continue to guess upward.

Navellier’s Marketmail recent newsletter points out that one of the reasons for the overall stock markets good performance this year has been due to buybacks.

How so?

When a company decides to actually buy back its publicly traded shares, that literally reduces the number of shares available for investors to purchase. As a result, if the stock is a popular one, the more people wanting to purchase shares of the company, the higher its per share price goes.

Popularity pays.

If the stock is not in hot demand,  there are still fewer shares available which is kinda often always a good thing for a corporation’s coffers.

 

  • Market Quick Glance

A downer of a week for all four indices followed here.

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 is according to CNBC.com and based on prices at the close of business on Friday, Sept. 28, 2018.

DJIA 7.04% YTD down from previous week’s return of 8.19%.

  • 1 yr Rtn 18.22% down from the previous week 19.61 %

Most recent DJIA a new ALL-TIME CLOSING HIGH was reached on Sept. 21, 2018 of 26,796.16. The previous high was reached on January 26, 2018 of 26,616.71.

 

-S&P 500 8.99 % YTD down from last week’s 9.58%

  • 1 yr. Rtn 16.09% down from last week’s 17.08%

The S&P 500 reached a BRAND NEW CLOSING ALL-TIME HIGH on Sept. 21, 2018 of 2,940.91. The previous closing high was reached on August 29, 2018 of 2,916.50.

 

-NASDAQ 16.56% YTD up from last week’s 15.70%

  • 1yr Rtn 24.68% up a tad from last week’s 24.36%

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 10.49% YTD down from last week’s 11.51%

  • 1yr Rtn 13.96% way down from last week’s 18.57%

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

At the close of business on Thursday, Sept. 27,2018, the average total return for funds that fall under the U.S. Diversified Equity Funds heading was 8.70%. That’s down a bit from two weeks ago when the average was week’s 8.96%, according to Lipper.

Taking a longer look back, the average return for the past 52 weeks was 14.83%. Look out two years—9/22/16 through 9/27/18—the total return for this entire group was 15.17%; for the past three years it was 13.29% and over the past five years, 10.10%.

In other words, the look back is a positive two-digit one.

The same can’t be said for funds that fall under the broad Sector Equity Funds heading. Average total returns there range from: y-t-d of 2.32%; 52 weeks, 6.56%; 2 years, 6.51%; three years, 8.44% and five years, 5.34%.

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.

 

  • Gas Up

AAA reports that gas prices in September were the highest they’ve been in four years. Yikes!

Nationally, that translates to average gas prices at the pump of $3.39 in 2014 to $2.85 in 2018.

Here in Florida, the average price per gallon last month was $2.77. That looks pretty  cheap compared to what it was four years ago—$3.32 per gallon.

Looking ahead, with the price of oil going up up and up, don’t expect our gas prices to go down down down anytime soon.

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