As of June 9th close our Tactical Opportunity Strategy is +27% in 2020 while the S&P 500 Index remains in the red(-0.73%) Since inception(Jan/2017) our T.O. Strategy has gained 107% versus and gain of 43% for the S&P 500 Index.
Awash in Liquidity
Stocks often move in ways that can be confusing to people but for those that are investing for tomorrow and not today, the moves can make a lot more sense. When we invest in a business, we seek participation in that company’s FUTURE growth, which means that the news of tomorrow will always supersede the news of today. As political instability and virus concerns dominate the headlines, savvy investors are looking through the news and asking “what will our companies earn in 2021 and beyond” and for many companies, the answers are quite attractive.