Transcript
Hello, everyone, Welcome to Tuesday, the S&P 500 was down today, we had five days in a row where it went up, we broke out of the range yesterday. And so finally today it gave some back. It was down 1.1%, almost for the day. And one of the things that was interesting as it fell right at the end, and it fell right down to the top of the range that we just broke out of. That’s what happened last time actually broke out. And we kind of kept challenging the top. It did hold, but it ended up right at the top. So we’ll have to see what happens tomorrow to see you know what that really means.
A lot of you have probably getting riskalyze checking emails. And it’s a really nice little service that we provide riskalyze does an analysis on the risk of your portfolio. And so you answer two questions, you know, how do you feel about the market? How do you feel about your financial situation, and it brings you to a site that has a lot of information about how your portfolio would do and different down markets that’s worth looking at. Although the market was down today, we did incredibly well, especially with the things that we added to yesterday with our change. So the genomics and immunotherapy targeted index was actually up 1.9%. Today, even though the S&P 500 was down 1.1.
We added to long term treasuries, that was up 1.8, 1.4 intermediate term treasuries were at .2%. All of those that we either purchased or added to yesterday. So I’m really, really happy with what happened. Every single thing that we have beat the S&P 500 except for two things, Microsoft and the semiconductor targeted index, we’re down 1.2% instead of the S&P 500 being down 1.1. So very close, almost knocked it out of the ballpark today. And that’s been the theme so far, essentially, all of these pieces that we chose to really well in down days, they don’t all make money, but they lose a lot less or sometimes they even make money. So that’s good. And so that’s what’s happening today, tomorrow will be important. See if we can hold this level and maybe you know, reestablish some new movement upward. And look forward to talking to you about that tomorrow. Thank you.