I’m trying to take a bit of time off this weekend so won’t have a detailed look at the market this week but will have an update once normal trading volumes return towards the middle of the week.
::: Model Portfolio :::
** This section will now appear as a separate report about every other Wednesday.
The Self Investors Model Portolio wrapped up 2006 with a gain of 27.6%, 2007 with a gain of 30.2% and is more than 10% ahead of the S&P in a very difficult 2008. This is a REAL portfolio with position sizing and features annualized returns of 24%.
Would you like to receive buy and sell alerts in the Model Portfolio within minutes (NEW! now get them via instant messaging in near real time) of each transaction? You can receive these along with ALL of the tracking tools and video reports with the very popular Gold membership. Don’t delay, get started today and join me for many more highly profitable months here at SelfInvestors.com.
::: Best/Worst Performers :::
– Top 10 Performing Industries For the Week –
1. Drug Manufacturers – Major: 4.40%
2. Biotechnology: 3.65%
3. Discount – Variety Stores: 1.85%
4. Auto Parts Wholesale: 1.85%
5. Gold: 1.70%
6. Education & Training Services: 1.65%
7. Long Distance Carriers: 1.60%
8. Drug Manufacturers – Other: 1.35%
9. Medical Instruments & Supplies: 1.10%
10. Telecom Services – Foreign: 1.05%
– Top 10 Worst Performing Industries For the Week –
1. Resorts & Casinos: -16.30%
2. Internet Service Providers: -14.15%
3. Major Airlines: -13.15%
4. Publishing – Periodicals: -13.10%
5. Semiconductor – Memory Chips: -12.75%
6. Auto Dealerships: -11.75%
7. Mortgage Investment: -11.30%
8. Long Term Care Facilities: -11.05%
9. Home Furnishings & Fixtures: -11.05%
10. Semiconductor – Specialized: -10.20%
– Top 5 Best Performing ETFs For the Week –
1. iShares Silver (SLV) 5.75%
2. HLDRS Biotech (BBH) 4.15%
3. Central Fund of Canada (CEF) 3.80%
4. US Oil Fund (USO) 3.25%
5. SPDR Biotech (XBI) 2.70%
– Worst 5 Performing ETF’s –
1.Claymore Global Solar Energy (TAN) -15.20%
2. Turkish Invest Fund (TKF) -13.60%
3. Greater China Fund (GCH) -13.15%
4. PowerShares Clean Energy (PBW) -12.15%
5. Market Vectors Coal (KOL) -12.05%
::: Upcoming Economic Reports (7/7/2008- 7/11/2008) :::
Monday: None
Tuesday: Wholesale Inventories, Consumer Credit
Wednesday: Crude Inventories
Thursday: Initial Claims
Friday: Export/Import Prices, Trade Balance, Mich Sentiment (prelim), Treasury Budget
::: Earnings I’m Watching This Week :::
Tuesday: Alcoa (AA)
Wednesday: Acergy (ACGY), Shaw Group (SGR)
Friday: General Electric (GE)