EOM Q&A: Garden Growing and 2017 Q3 DIV. Report Q&A X 10.19.17
I continue to receive requests for VIP Passes for the October and November seminars.
Last Friday, I made an announcement the October and November seminar had been cancelled due to members preferring to receive this training online.
Next week, I begin a new segment on how to outperform the market-don’t miss it!
Earlier this AM I sent an update that the DOW Futures were trading down over 100 pts. Let’s monitor the last hour action to see if it is a one day event or the beginning of a larger downturn. Calm heads prevail. DOE
Last week I stated, “If looking to enter at these levels, one needs at least a 5%+ run to break-even before a 5% pullback.
On Monday, we studied the last 5% pullback (Nov. 2016) and what happened afterward.
Today we study the second five candidates in the All-Star group to answer…
1. Did these funds sell off with the market?
2. When the SPX recovered, did these candidates run?
1. Yes, all five funds were hit with profit taking along with the SPX-red box
2. When the SPX ran, all five funds had positive returns and all five outperformed the SPX showing the strength of these candidates
Something to consider…
If playing the short game (trading) these funds were excellent candidates
If playing the long game (Garden Growing) all five funds outperformed the SPX and continue to pay dividends-building additional shares.
What am I looking for?
If these funds had negative returns while the SPX rallied, then I would be cautious with these funds. As you can see-this was not the case.
Tomorrow we conclude and see if our CEF VIP Fund candidates under or outperformed the SPX….from 5% ago.
This will give valuable insight for those planning to buy at these levels.
Next week, I finalize this Garden Growing instruction series….a very timely series indeed!
Questions-send them to me at Eyeonthemarket@outlook.com
Enjoy your weekend!
David O. England