Please read carefully our disclaimers at the end of this newsletter.
Market Stance: BEARISH (since September 9, 2016)
* An average of managed accounts, net after all commissions and fees.
Click here for more performance data.
Click here for information on managed accounts.
* Buy prices shown are net after commissions and fees.
Today, Monday, September 12, 2016, I bought SPY, for both client and my personal accounts.
Stocks were down in early trading, then staged a bullish reversal.
I am moving most of our cash into SPY, a proxy for the S&P 500.
I am concerned about the risk of underperforming.
The primary risk I am concerned about is the risk of underperforming, of losing more than the market in a falling market, or gaining less than the market in a rising market. In this sense, the sense I care about, SPY is a riskless investment. It does not underperform.
-KD, Monday, September 12, 2016
* Buy prices shown are net after commissions.
** Current prices are at least 20 minutes old.
Welcome to The Deen's ListTM, an e-mail stock newsletter from Deen Capital Management, Inc.
My intention is to inform you as quickly as is practical regarding my stock market moves.
Your feedback is welcome. Send e-mail to firstname.lastname@example.org. To subscribe or unsubscribe, include the word "subscribe" or "unsubscribe" in the Subject line.
This newsletter is free to managed account clients. For a limited time, it is also free to all interested parties.
Your personal information, including your e-mail address, will be held in strict confidence by Deen Capital Management, Inc. We will not share it with or sell it to others.
All stocks discussed in The Deen's ListTM involve a high degree of risk. It should not be assumed that any stock discussed in The Deen's ListTM or purchased by Deen Capital Management, Inc. will be profitable.
Past performance is not necessarily indicative of future results.
The information contained herein has been compiled from sources deemed to be reliable; however, we are not responsible for its accuracy or completeness.
The Deen's List
Copyright © 2016 Deen Capital Management, Inc.