Tag Archives: Precious Metals

POCKETBOOK Week Ending Dec. 8, 2018

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  • Looking Down Looking Back

There’s no ignoring the performance of equities these days and that’s a good thing. A correcting or bear or underwater market reminds every single investor—and non-investor—that: “Yes, Virginia, stock prices don’t always climb upward as they have for the past almost 10 years.”

So as you review your portfolio, consider that there are always investment opportunities no matter what’s happening on Wall Street. Bunches of investors have made their fortunes investing when equity news hasn’t been so hot.

Furthermore, taking a longer look back on your investment returns may show you things you’ve forgotten.

For instance, The Bespoke Investment Group publishes its “Bespoke 50” list of growth stocks in the Russell 3,000.

Bespoke began publishing the list in 2012 and since that time returns have beaten the S&P 500 by 80.5%.

Today, that list is up 176.8% since inception while the S&P 500’s gain (through 12/6/18) was 96.2%.

So Virginia, things might not be as bad as they appear.

 

  • Market Quick Glance

Ed Clissold, a bear market official at Ned Davis Research, says that the bear market is officially here. At the same time, he’s optimistic about next year and expects to see a rally during the second half of 2019.

We shall see.

In case you’ve forgotten, it’s been nearly 10 years since the bear claws have shown up on Wall Street. And, a bear market is defined as a fall of 20% from an index’s recent high.

Below are the weekly and 1-year index performance results for the four 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, Dec. 7, 2018.

DJIA -1.34% YTD big move down from the previous week’s 3.31%.

  • 1 yr. Rtn 0.73% way down from the previous week 5.22%

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 -1.52% YTD a big move down from last week’s 3.24%

  • 1 yr. Rtn -0.15% way down from last week’s 4.25%

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 0.95% YTD big move down from last week’s 6.19%

  • 1yr Rtn 2.30% way down 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

The average year-to-date total return for funds that fall under the heading of U.S. Diversified Equity Funds stood at -0.94% at the close of business on Thursday, December 6, 2018, according to Lipper. That’s down from the previous week’s figure of 0.68%.

Fund types with the worst y-t-d returns include  precious and basic metals funds.

For instance: Precious Metals Equity Funds, -21.65% for the year, on average; Basic Metals Funds, -17.92%; and Global Natural Resources Funds, -14.97%

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.

 

  • Got Gas?

Diversifying your investment portfolio has always made sense. Case in point: Commodities.

According to Bespoke Investment Group, while silver, copper, coffee, platinum, oil, gold and corn are all down between -2.9% (corn) and 15.7% (silver), all commodity prices aren’t in the tank.

2018 winners, so far, include orange juice, up 5.4%, wheat, up 5.7% and natural gas, up 47.2%.

Yahoo for gas!

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POCKETBOOK:Week ending April 2, 2016

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  • Play ball

It’s time to head out to the ball parks to watch another, and sometimes sleeper, baseball game. Like everything else, a couple of tickets and beers, hot dogs and parking will set you back what could amount to a high flyer into left field.

GOBankingRates.com compared the costs of four things—two tickets; two hot dogs; two beers; and parking—at all 30 Major League Baseball stadiums.

What they found was that the average cost of spending a day at the ballpark was $77.92 for two people. That total cost of averages  broke down like this:

  • Two tickets: $41.41
  • Two hot dogs: $8.73
  • Two beers: $11.89
  • Parking: $15.89

But since nobody ever seems to get an average price on anything, consider the following:

  • Fenway Park, where the Boston Red Sox call home, was the most expensive stadium with that combo costing an average of $157.
  • The cheapest is at the Angel Stadium of Anaheim, where the Los Angeles Angels call home and those exact items can be had for a fraction of the price— only $47.60.

Now that’s a deal.

See all 30 stadium prices, pictures and learn more at:

http://www.gobankingrates.com/personal-finance/ranked-most-least-expensive-stadiums-mlb-fans-watch-baseball-game/

  • Market Quick Glance

-Indices:

Here are the year-to-date performance figures for the major indices through April 2, 2016, according to Bloomberg. To provide a longer performance perspective, 1-year returns have been added.

Dow Jones +2.85% YTD

1yr Rtn +2.79%

-S&P 500 +2.01% YTD

1yr Rtn +2.47%

NASDAQ -1.47%YTD—through 4/1/16

1yr Rtn +1.90%

-Russell 2000 -1.20% YTD—through 4/1/16

1yr Rtn -9.68%

-Mutual funds

Through Thursday, March 31, 2016 the average U.S.Diversified Equity Fund was down 0.39 percent year-to-date, according to Lipper.

Dedicated Short Bias Funds were the week’s worst performing category down on average 6.13 percent.

Precious Metals Funds picked up steam and continue to be the high scorer under the Sector Equity Funds heading. They were up on average 42.21percent y-t-d.

Another bummer week for Health and Biotech funds as they continue to be that category’s worst performers. Of the 96 Health/Biotechnology Funds that Lipper now tracks, the average y-t-d performance is off nearly 14 percent. The y-t-d average performance of the 42 Global Health/Biotechnology Funds improved a tad, now at -11.75 percent.

Visit www.allaboutfunds.com for weekly updates to see how 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.

Lipper’s weekly performance figures for stock and fixed-income funds are at www.allaboutfunds.com in the left column on the home page.

•April outlook

Don’t expect much from a month that begins with celebrating fools.

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