Transcript
Well, hello, everybody, welcome to Tuesday, great day today, the S&P 500 was up 1.3%. And we had a lot of good things happening, we got some more developments around the stimulus bill, it’s looking a little bit more likely than it was. Moderna has been, you know, conditionally approved. So I have to go through the process, but they might be shipping again, like Pfizer, by next Monday or so there’s talk about trying to get all of the, you know, most exposed people vaccinated by the end of the year, which is really kind of this first level, you know, the doctors, nurses on the first line, the people that are in long term care facilities, and in the workers, they’re also they’re expecting, I think about 24 million in that first phase, so they can get through that before the beginning of the year, that’s pretty incredible. And so those are things that are really, you know, make the market very happy. But for us, the things that make me really happy is that we hit some really big outperformers.
Today, in our particular portfolio, especially in the Clean Energy area, we have two main clean energy pieces, one was up 7.2%, the other was up 4.9%. So I spent a little bit of time talking about clean energy, because I think it’s very fascinating. You know, clean energy is an interesting area can be sort of political, actually. But really, you know, what I’m looking for is things that are having good momentum. So, you know, we’re searching through pretty much on a daily basis, 2600, you know, ETFs, and we’re looking for things that have some momentum, what we found is that things have been really running for the last three to 12 months, have continued to run for the next three to 12 months. And so back in May, we started to see, you know, movement in the Clean Energy area kept popping up to the top. And so we started to accumulate these two. And so, you know, let me show you the charts, you can kind of see what’s happened, you know, since that point.
And so this is State Street’s Spyder series, this is a Kensho Clean Power ETF. And again, I like to use ETFs, I like buying the whole basket of different, you know, companies that are out there, that, you know, might benefit from, you know, the movement towards clean energy. And of course, California and New Jersey have talked about, you know, only being able to buy electric cars, by 2035, China’s trying to get to net zero, Europe has had a huge push into clean energy. And so you know, this is not just happening here, locally, because Biden has become president, you know, this is because of, you know, this global movement towards clean energy. So the theme is super, super strong in this area. And I look at this price, I mean, here’s where we’re accumulating May and June. And man, we’ve had just an unbelievable run the 20-day moving averages, basically, you know, this blue line is straight up as pink lines, 50-day moving average, that’s straight up and the 200-day moving average, and we’re way above that, so huge, huge momentum, big day today, obviously. And so the other charts pretty much the same. And that that’s, that’s what we want to see, obviously, with all of our holdings.
But that’s why you have to kind of be flexible, take a look at what’s working, get involved in those things that are working, you know, make sure that the risk is in the right realm, you know, protect yourself, have your parachute, you know, all of these things that we do kind of in the portfolio development side. But for the risk that we’re willing to take, let’s make sure we’re in the right places. As I mentioned before, you know, you got 100 trains and a train station and only two of them are leaving to go in the right direction. That’s trying to be on those two as much as possible. That’s kind of the idea behind it.
So great stuff, really interested to see what happens, you know, with the rollout of the Moderna vaccine, and a continuation of the talks on the stimulus. Those are the two big areas watching what happens results wise with the vaccine will be the really big story here at the beginning of the year, too. So look forward to talking to you tomorrow. Thank you very much.