Updated “Where Are They Now” Page

I just updated the “Where Are They Now Page”…4 of the 6 stocks I favorably mentioned are up (CHD is trailing CLX at the moment), with GBL climbing the most and GPC lagging. Despite my posting of weekly numbers I still take the long-view…its just nice to see how they are doing ­čÖé

What do you think?

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The Week That Was

WTW10092015

Each of the indices recorded strong gains last week as bargain hunters swept the market and concerns over a FED rate rise this year seemed increasingly unlikely.

Glencore continued its recovery this week, closing up an astonishing 36% which would seem to indicate overly bearish sentiment fading away (no doubt the Company’s decision to cut zinc production also played a part in the rally).

The French CAC-40 is the year’s top performer with an amazing +10% return followed by Japan’s NIkkei 225 (+5.66%) and ┬áLondon’s FTSE 100 (+2.97%) .

The Week That Was

WTW10022015

Concerns over the future of commodity trading and mining giant Glencore dominated┬áthe market at the beginning of the week, with the Company’s stock dropping nearly 30% on Monday itself. However, in what appears to be a case of over-pessimism, the stock closed down 2.3% for the week as it began its recovery in earnest on Tuesday.

Lingering commodity fears (and by extension China), disappointing U.S. non-farm payroll numbers, and revisions to prior month data (U.S. jobs and hourly earnings) slowed a market recovery which took hold on Tuesday (both the Dow and S&P 500 finished 1% higher on the week).┬á┬áThe fallout from the Volkswagen debacle and aforementioned economic and commodity weakness┬ákept the European indices in the red save for London’s FTSE 100 which posted a modest rise of 0.34%

The French CAC 40 and Japanese NIkkei 225 remain the only two indices in the black on a year-to-date basis.

The Week That Was

WTW09252015

London’s FTSE 100 was the only index to escape last week’s market sell-off. The negative impact from the Volkswagen emissions scandal spread to other automobile (and component) manufacturers which led to the DAX assuming the dubious title of this week’s worst performer. Last week’s large sell-off in the DAX also meant it is now in negative territory on a YTD basis and this leaves France’s CAC 40 and Japan’s Nikkei 225 as the only indices in the black for the year thus far.