April 6, 2022, 11:51 am EDT
Four Horses
What is the market between bulls and bears? We call it a horse market. Probably, it describes the market condition now after a major drop from early 2022 and a sharp rebound in March.
While most people only look at the mega technology like AAPL, AMZN, MSFT, TSLA, FB, we pay attention to the broader picture to sync up with the market conditions.
Four horses are coming out strong recently: utility, consumer staples, REIT, and healthcare sectors. When the major indexes suffered selling pressure yesterday and today due to the war, inflation, rising rates, and balance sheet reduction, these defensive sectors become a safer place to park investment.
In addition to our portfolio leaders in SFM +4% and PSA +2%, we are looking to add more positions from these four sectors to our holdings.
