If you’ve been following the stock market in recent weeks, you noticed the overall downtrend.
Chalk it up to recent geo-political events or an overall correction, but it was obvious the market has been tanking since late September.
Last week was the low point in this downtrend, when the market seemed to hit rock bottom . On Monday, the market bounced back nicely, until the breaking news about the shooting in Canada this morning, which sent the major indices falling yet again.
The Portfolio’s Reaction
The portfolio, however, continued to stay in the green and the following key stocks ended on a positive note: $AAPL $LMT $BABA
Below is the portfolio’s performance chart, which shows that regardless of direction, the portfolio was outperforming the S&P 500 throughout September and October.
1. Sold Starbucks ($SBUX) stock for a small profit, mainly to free up funds to buy more shares of $NGG $WM $BRK.B. Starbucks’ stock hasn’t been performing as well as I’d expected.
2. Lockheed Martin ($LMT) boosted their annual dividend to $6.00. That’s a great dividend and a great company.