Please read carefully our disclaimers at the end of this newsletter. Market Stance: BEARISH (since March 23, 2018) Contents
Typical Client Performance
* 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, March 26, 2018, I bought SPY, for both client and my personal accounts. I am moving from 100% cash to 100% SPY (a proxy for the S&P 500). From a relative performance point of view, which is my point of view, 100% SPY is the safest place to be. You are guaranteed not to underperform. It is where I want to be when the market's direction is unclear. We had a dramatic selloff last week, and this morning we are getting a bounce. I am still skittish about this market, but this bounce, I suspect, may have further to go. Last week, I moved to cash. Was that a good move or a bad move? In my opinion, it was a good move if I later buy back at a lower price. Otherwise, it was a bad move. By this yardstick, it was a good move. -KD, Monday, March 26, 2018
* 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 deenslist@deencapital.com. 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 © 2018 Deen Capital Management, Inc. |