Weekly Roundup March 9-13

Mar 17, 2015   //   by Profitly   //   Best Trades, Profitly  //  Comments Off on Weekly Roundup March 9-13

It was another down week for the major indices, but our gurus still found ways to make profitable trades. Tim, Superman, and the other big gurus are are all still solidly in the green for the year as well. Remember that since they don’t just trade basic index funds, they can make money in any environment. They are constantly teaching this strategy to their students too.

Here’s an overall market recap from FactSet and our gurus biggest trades below:

Dow -0.60%, S&P -0.86%, Nasdaq -1.13%, Russell 2000 +1.20%.

U.S. equities were lower this week as the S&P 500 suffered its third straight decline. The big macro story continued to revolve around the policy divergence theme with the start of the ECB’s QE program. This dynamic drove a further rally in Eurozone stocks and bonds, but seemed to be an overhang on U.S. equity sentiment as another bout of dollar strength exacerbated intertwined concerns surrounding earnings headwinds and valuation (a strong dollar hurts earnings for companies with a large percentage of sales overseas).

However, ahead of next week’s FOMC meeting, there was little spillover effect on the Fed liftoff debate from the dollar rally, another softer-than-expected retail sales report and a renewed wave of selling pressure on oil. While there were few high-profile earnings reports, corporate newsflow drove some of the more notable price action.

Additional M&A headlines surrounding pharma/biotech helped the healthcare sector put in the best performance this week. The banking group fared well on the back of the capital return announcements that followed the second phase of the Fed’s stress test results. Intel’s preannouncement contributed to the already negative sentiment surrounding the PC space, helping drive the underperformance in tech. The energy sector put in the worst performance this week (suffering its biggest pullback since early January) as oil fell nearly 10% to a six-week low of $44.84 a barrel. Some people are now saying that we haven’t seen the bottom in oil. Please be careful when/if trading it. Oil has been called the “widow maker” for a reason.

Sector Performance (vs S&P 500):

Outperformers: Healthcare +0.46%, Financials +0.40%, Utilities +0.15%, Consumer Disc. -0.34%, Telecom -0.58%, Industrials -0.73%.

Underperformers: Energy -2.82%, Tech -2.39%, Materials -1.29%, Consumer Spls. -1.27%.

The Dow Jones is down -.4% year to date, the S&P 500 -.27%, and the Nasdaq is the only winner up 2.87%.

As you can see, there are some big events going on this week (Fed decision in the middle of the week), so be sure to join the Profit.ly chatroom and keep an eye on the markets! If you don’t you could be missing out on some major profits. Volatility can lead to some really big trades.

Now, let’s start out with Tim, who had a lot of great trades this past week despite how busy it was for him (he was on Fox Business TV with Marria Bartiromo and his new student Former NFL Player Plaxico Burress on Tuesday).

And lastly, take a look at some of our previous roundups, we hope you guys enjoy these!

January 5-January 9

January 12-January 16

January 19-January 23

January 26-January 30

February 2-February 6

February 9-February 13

February 16-February 20

February 23-February 27

March 2-March 6