Growth Stocks Drive 1st Half Results

| July 05, 2018
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According to a research note from Goldman Sachs:

Growth stocks are highly represented among S&P 500’s top 10 return contributors [and] the top 10 stocks have contributed more than 100% of S&P 500’s YTD return. Amazon’s soaring 45% YTD return has contributed 36% of the index’s total return.

In summary for 2018 June YTD:

  • 36% of S&P 500 gains came from 1 stock: AMZN
  • 84% of S&P 500 gains came from 4 stocks: MSFT, AMZN, AAPL & NFLX
  • 122% of gains came from 10 stocks.
  • The other 490? Meh.

You really would have made out if you were long the above 10 grpwth stocks and short this basket of dividend paying stocks I highlighted earlier or ANYTHING related to China and Emerging Markets, which are now if bear market territory.


Stay Tuned, Disciplined & Patient! {TJM}

The Investor & Character Equation (ICE) | S + R = O


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