Portfolio Winners and Losers: Friday, June 16, 2017
I got back from my China, Tibet and Hong Kong tour this past Tuesday. And, I was too busy to update the website while on my vacation.
So, I’m still jet-lagged and just trying to get back into the swing of things.
However, I was able to do some trading while overseas.
Anyway, here’s a look at my portfolio’s winners and losers to recap the week.
This Week’s Winners
Amazon is going to buy Whole Foods Market! And, although the stock has been dropping that past 1 week or so,
it gapped up this morning because of the anouncement. This will be interesting, especially that Amazon is investing in a ‘brick and mortar’ store.
BP Prudhoe Bay Royalty Trust
One of the best dividend yields, BPT has been making a slow, steady comeback.
Johnson & Johnson
JNJ has hit all-time highs recently, and so the stock is in a good spot right now.
This Week’s Losers
Apple, along with other tech stocks, have been struggling recently. So, should you worry? Well, it could be considered a buying point, because there’s no reason tech companies like Apple should be considered a ‘sell’, not with a market cap like Apple’s, and the popularity of its products.
Still, Apple stock has been suffering this week.
Walt Disney Company
What’s up with Disney? Well, the news is out that Euro Disney has REALLY been struggling. And, attendance is down also at the Hong Kong Disney. As a matter of fact, attendance is down overall, perhaps because they once again raised their prices to their theme parks. And what with ESPN having its struggles, I think Disney could be a sell, or it could be a buy after a possible correction. You make the call.
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