Transcript
Well, hello, everybody, welcome to Friday, the S&P 500 was down a little bit today a .13%. And it was actually down for the week, which hasn’t happened for a while now we’ve been on quite a run. You know, one of the things that’s really great for us, though, is that we’re actually up for the week, we’ve had a really good week actually all together across all of our accounts, every counts can be a little different. But I think that’s a very positive thing, especially in kind of a down week. And even today, for example, you know, we had clean energy was up, even when the market was down, some of the innovative technology was up, software was up, cybersecurity was up, etc.
So, you know, the whole object behind this portfolio, you know, design is to make sure we do have our broad representation, we actually own the S&P 500, or something like it in basically every single portfolio, so that we can capture, you know, these bigger moves and these rotations that are happening inside of those stocks. But then these targeted indexes, we’re looking for things that are have some momentum and are moving forward. And so it’s kind of like being in a train station, there’s 100 trains, and only two of them are leaving the station, and you want to be on those two, and it might be a couple going the wrong direction. So you don’t want to be on those, right.
So that’s the concept and just constantly looking for those, there’s 2600 ETFs, out there that we’re evaluating all the time to see if they should be in the portfolio. And that seems to be working quite well. And that’s what’s creating these kind of over performance numbers for us as we go here. And so I’m very excited about that. Also, I think, honestly, in my opinion, after this fantastic month, we had in November, having a week or two, where the market does go sideways or slightly down, it’s a very powerful thing, sometimes the market can get way ahead of itself, and then you expose yourself to a big pullback.
So just a sideways movement like this, because we do have this cross current of different information, you know, we have the stimulus package, you know, that’s not going as fast as people would like. And that’s sort of on the negative side. And but on the positive side, they’re talking about the first people getting the vaccine on Monday or Tuesday of next week, which would be really exciting also. So I think we’re gonna see a lot of that kind of cross current happen here. But I do like what we have, we have an awful lot of trains that are leaving the station in the right direction. And that’s just something we’ll continue to watch for. So, really looking forward to seeing what happens next week, and I’ll talk to you then on Monday. Thank you very much.