Weekly Recap NOV 10, 2024

Did you know that it was only 4 years ago that the S+P 500 was half of what it hit on Friday? Yes, I’m serious, it was on JUL 20, 2019 that the S+P 500 hit 3,000
This past Friday it hit 6,000
I’m going to let that sink in for a minute
Now if the S+P doubles over these next 4 years, you guys could all be reading theoptionscoach.net from your own personal yachts 😎 

The market is strong right now, we like strength. When you see this weeks Heat Map you will see what I mean. Something that I mentioned recently was that when the market is strong it’s never a bad idea to add a index in with your portfolio. It not only acts as a barometer, but it lets you ride the gains of the market. Though I talk a lot about the 5 that are in our Model Portfolio we do have the S+P 500 in there with them

Tonight I’m letting the Heat Maps speak for themselves
Ask yourselves what in your portfolio do you have that strong?
What do you have that’s weak?
Are there stocks that you need to rotate out of to position capital into something else with more strength?

Our Model Portfolio this week
S+P 500 +4.75%

SFM +11.47%
GRMN +7.34%
AMZN +5.18%
HD +1.62%

We dropped FIS this week and added CAT back in
CAT +3.62%
We may be late to the party but TSLA is on the table, it’s still a volatile play, and investors should recognize that
NVDA is back in play also
Tomorrow is another day

The Options Coach