The Deen's List Vol.16 #63

The Deen's List^TM

A service of Deen Capital Management, Inc. (www.deencapital.com)

Our goal: Outperform the S&P 500 in both up markets and down.

Our result: +63.4% for the 60 months ending March 23, 2018 (vs. +83.2% for the S&P)

For complete performance data, click here

Vol.16 #63 Monday, March 26, 2018 9:41AM EDT

Please read carefully our disclaimers at the end of this newsletter.

Market Stance: BEARISH (since March 23, 2018)

Contents

Typical Client Performance
Bought SPDR S&P 500 ETF (SPY)
Typical Client Portfolio
Subscription Information
Privacy Policy
Disclaimers
Contact Us

Typical Client Performance

Deen Capital S&P 500

Year-to-date as of March 23, 2018 +2.1% * -2.8%

12 months (Mar 23, 2017 to Mar 23, 2018) +10.5% * +12.4%

24 months (Mar 23, 2016 to Mar 23, 2018) +46.4% * +32.1%

36 months (Mar 23, 2015 to Mar 23, 2018) +26.6% * +30.5%

48 months (Mar 23, 2014 to Mar 23, 2018) +31.6% * +49.9%

60 months (Mar 23, 2013 to Mar 23, 2018) +60.6% * +83.2%

* An average of managed accounts, net after all commissions and fees.

Click here for more performance data.

Click here for information on managed accounts.

Bought SPDR S&P 500 ETF (SPY)

Initial percent of portfolio (approx.) 100.0%

Net buy price in managed accounts* $262.51

Most recent close (Mar 23) $258.05

Net change (based on net buy price) +4.46

Today's volume as of 9:41AM EDT 9.5 million ($2.5 billion)

Average daily volume 119.6 million ($31.4 billion)

* 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

Typical Client Portfolio

Company Name Stock
Symbol Buy
Date NetBuy
Price* Current
Price** Weeks
Held % of
Portfolio Gain
(Loss)

SPDR S&P 500 ETF SPY 03/26/18 $262.51 $258.05 0.0 99.9% -1.7%

Cash 0.1%

Total 100%

* Buy prices shown are net after commissions.

** Current prices are at least 20 minutes old.

Subscription Information

Welcome to The Deen's List^TM, 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.

Disclaimers

All stocks discussed in The Deen's List^TM involve a high degree of risk. It should not be assumed that any stock discussed in The Deen's List^TM 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
PO Box 30925
Santa Barbara, CA 93130
(800) 353-4990
deenslist@deencapital.com