by Robert Holman | The DefensiveAdvisor.com | June 23, 2020
Bullish … rating of 7 (0 - 4 is bearish, 5 is neutral, 6 - 10 is bullish) but still cautious.
Not much to say. The market continues to be driven by coronavirus events, going down on worries that states cannot reopen without new cases accelerating, and going up on days when there is no “new” bad news concerning reopening. Yet, everything is going well with our accounts. We are still running about 25% ahead of the market in our moderate risk portfolios. That was primarily due to the defensive position we took early-on when the virus epidemic started, followed by the offensive position we took seeking opportunistic profits when prices were much lower.
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Opinions voiced in this post are for general information only and are not intended to provide specific advice or recommendations for any individual, without complete knowledge of that individual’s total financial profile. No strategy assures success or protects against loss. Past performance does not guarantee future results.