May Weekly Trading Update

The market suffered through a volatile week, finally finding its footing on Friday as Apple drove the S&P higher. Apple reached a new all-time high in intraday trading, and we sold out there. From the purchase point a week earlier at $162 to the sale yesterday at $183, we recorded a strong 11.5% gain. The stock has room to run higher. However, with the additional uncertainty higher now that it has passed its 52-week high, we would rather hold capital for more profitable swing plays next week.

Below is an update of the individual stock returns. A slow start to the month leaves us in positive territory with a 70bps spread above our S&P benchmark.

2 thoughts on “May Weekly Trading Update”

  1. panalo slots- World’s Top Online Casinos, new user welfare register bonus 66₱, daily Betting Rebate 2. fast withdraw, good bonus, variety of games, World brand is trustworthy. Slot games, Card games , Live Casino, Animals(Cockfight games), fishing.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.