Good Day for Us

Yesterday was an exceptionally good day for our Buy List. Or more accurately, yesterday was a bad day for the market, and our Buy List did significantly less badly.

Of course, we didn’t do quite as well as Jeff Bezos who made $7 billion in one hour. Of course, that’s pre-tax.

For the record, the S&P 500 dropped 1.07% on Friday while our Buy List lost 0.43%. That’s an outperformance of 64 basis points our second-best showing this year. Bear in mind that the daily correlation between the market and our Buy List is over 95%.

Sixteen of our 21 stocks beat the index yesterday. Our big winner was CR Bard (BCR), which gained 4.6% after its earnings report. Stryker (SYK) came in second place with a 2.8% gain. Nine of our 21 stocks now have double-digit gains for the year.

For the year, our Buy List is up 4.37%. The S&P 500 is up 1.01%. That lead of 336 basis points is the second-biggest all year. These numbers don’t include dividends.

Posted by on July 25th, 2015 at 12:23 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.