Transcript
Hello everybody, welcome to Thursday, the S&P 500 is .03% today. So sort of a quiet day actually as far as the S&P goes. But luckily for us, our portfolios did quite a bit better than the S&P 500. We’re looking across all of our accounts, and all of our holdings were actually at .77%, which always considered a big accomplishment, because we’re not 100% invested in the stock market, whereas the S&P 500 is, of course, 100% stock. And really, the big leaders here were clean energy, we have five clean energy pieces spread across, you know, all of these accounts, they were up anywhere from 2.6% to 5.8%, which again, you know, the S&P 500 was up .03 so those are really big numbers. And it’s very important to have some pieces of the clean energy in the portfolio, you know, because that’s, that’s where things are moving right now, one of the projects that I do on a regular basis almost every day, is that I pull all 2300 Exchange Traded Funds out of Morningstar onto my spreadsheet, and then I have a little system of kind of ranking them across six different timeframes. And it gives me a signal portfolio, you know, like, what’s really moving right now, what’s what’s really happening as far as that goes.
So, at the moment, the biggest movers, you know, kind of from top to bottom are number one is Cannabis, which I don’t use in the portfolio for a variety of reasons, but that’s a big mover. Clean energy of course is next. China, again, I’m not using that in the portfolio right now, either, because there’s some other issues happening with China want to be a little careful about, but it’s definitely something to watch. They’re farther ahead of us in terms of the control the virus, and one of the few countries in the world that actually had a positive gross domestic product last year, so worth looking at. Genomics , which is we do have exposure to, and obviously Genomics is doing well, partly because that’s where the vaccines have been coming from as those type of companies. But also, there’s been a lot of, I think, new concepts that are coming up that could have, you know, revolutionary impacts on medicine as a whole, so very exciting area.
Then the next one is batteries. And then the last one on my list of top pieces is rare earth metals. And so rare earth metals and batteries go together. And those words go with clean energy, actually, one of the one of the key things to understand about clean energy is really that, you know, oil and coal, for example, which are big, you know, energy pieces have the capability of being transported, you can put coal on a train or oil in a ship. And it’s basically a way to take energy and store it and move it. Clean Energy has that one problem of not being able to be stored very easily. So you know, wind or solar, you can use it as long as it’s windy and sunny. But then you know, when it’s night or not windy, then the energy goes away. And so the ability to store that in these batteries is is really one of the big areas that’s being worked on now, and maybe even be able to ship these batteries into different places or what have you.
So huge area, lots of money is going to be spent there. I’ve said for a while that this is a little bit different, you know, for the most part, when we look at things, a lot of times it’s a company that might be buying it or a person that might be buying it, and that’s true with clean energy, actually. Companies and people are trying to buy, you know, solar panels and those types of things. But what you’re also talking about the concept of countries trying to buy that that’s another story altogether, there’s a lot more money, you know, in a scenario where you’ve got a country like the US or China or any of the ones in Europe, as far as that goes, that are all spending money in that particular area also.
So very exciting, really, really good piece. If you don’t have clean energy in your portfolio right now, you’re really not experiencing some of the things that we’re experiencing, which is great. Now, again, they have run up a lot. And that’s why I started to use these Stop Losses just in case they do decide to reverse all of a sudden on us. I’m giving them some room, you know, I want to I don’t want to move out of them. But I am trying to protect some of the downside there. I think that’s important.
So that’s what’s happening right now. Really, really exciting for us, things are continuing to do well. And a unbelievable year for us so far. It’s only been 13 trading days, and really, really good rates of return in just in that short term period so far. So, you know, we’ll see how this goes. I was hopeful that 2021 would be good. And it certainly started off that way. So let’s see what happens tomorrow. And we’ll talk to you then. Thank you very much.