Monday, October 5, 2020

Nasdaq underperforms Utility Stocks?

 20 Years Later

Utility Stocks Outperforms

NASDAQ!

DYI:   

The most undervalued asset in this group is oil along with their cousin gas.  I’ve been mentioning numerous times especially during the 37% dip when energy stocks were smashed that it was an excellent time to lump sum into this asset category.  Vanguard’s Energy Fund symbol VGENX has a current yield (10-05-2020) of 5.54%.  It appears that energy companies are going to have a double bottom – [classic stock market behavior] – providing another opportunity for the long term investor.  Definitely safe in my judgement for dollar cost average and if they get smashed again for lump summing (more than one year salary). 

10-1-20
Updated Monthly

Secular Market Top - Since January 2000

+140.8% Dow       
+279.5% Transports 
+193.8% Utilities

+127.9%  S&P 500
+172.2%  Nasdaq

+ 77.2%  30yr Treasury Bond

+558.7% Gold
  +44.7% Oil
  +71.5% Swiss Franc's
    
From High to Low - Since Year 2000

+ 558.7% Gold
279.5% Transports
193.8% Utilities
172.2% Nasdaq
140.8% Dow
+ 127.9S&P 500
+  77.2% 30yr Treasury Bonds
+  71.5% Swiss Franc's
+  44.7% Oil 

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DYI

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