Weekly market review (week/YTD)
A volatile week ends roughly where it started leaving everybody confused.
Once again, investors who are invested in boring big cap value companies look very smart right now. Kudos to them! We will see how it turns out. Over the long-term, a value ETF like $VTV is underperforming the S&P 500 and especially the Nasdaq 100.
Indices are down five weeks in a row, it’s not unreasonable to assume that we bounce next week. On the other hand, nobody can predict the market. As an investor looking for quality companies, I would actually be more than fine with getting a few more buying opportunities.
My portfolio got hit like everybody else. However, I took advantage of lower prices and increased my positions in $SPGI, $KEYS and $NOW. Still patiently waiting for even lower prices on a few quality companies from my selection.
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