4/13/2023H UPTREND day 11 Market had a BIG DAY Thursday. Almost half of the stocks have “A” or “B” ratings now. WOW!

4/13/2023H  UPTREND day 11 Market had a BIG DAY Thursday.  Almost half of the stocks have “A” or “B”ratings now. WOW!

THE MARKET’S MESSAGE:  It is time to lay out your plan for how to build your portfolio in today’s rising market!

As we look back at the 2023 returns of several strategies, please remember that I am most concerned about TOTAL RETURNS over the lifetime of my portfolio. Yes, I want to win every year, but I know there are going to be some losing periods.

For this weekend I am  pulling together the annual returns (with all their buys and sells.)  I will show the market “Buy & Hold” returns and the Armchair returns from the last few years.

(And right now, I am nursing my first cold in several years.  And I realize I am not a very good patient!  So I will finish uploading today's newsletter and say, "Good night!" looking forward to tuning up the newsletter over the weekend.

>>>>Join us for NEW DFW ARMCHAIR INVESTOR MEETUPS.

Right now there are two Meetups per month (open to anyone, subject to the capacity of each venue.)

·       May 4 Meetup will be LIVE in Fort Worth on the first Thursday of most months at Ol’South Pancake house subject to changes for holidays or Investor’s Business Daily events. 

·       April 20 ONLINE Meetup for Dallas and those in FW who couldn't make it to the LIVE training. This Meetup will be on the third Thursday of each month subject to holidays or Investor’s Business Daily events . Please reserve you seat at Meetup.com. Look for the Dallas IBD Meetup or the Fort Worth IBD Meetup (register on Meetup.com)  Call Charlotte if you aren’t sure how to join us for these Meetups.

 ·       Do you want to bring back “live” Investor’s Business Meetups to Dallas?  Please volunteer to find a place to meet. It could be a library, business meeting room, classroom, or a restaurant with a private meeting room.  

 ·       Our dearly departed Nick Pollard used to know all the best restaurant meeting rooms and their managers and arranged many of the monthly Meetup locations for us.  And I am sure some of you have noticed private meeting rooms in restaurants that would be great for an Investor’s Business Daily Meetup. Please contact them and see what it would take to meet there.  I can bring my projector but most retaurants with meeting rooms now have a big screen TV.

NOTICE:  IF YOU LIVE NEAR FORT WORTH, PLEASE CONSIDER JOINING US in person on the first Thursday each month. The next FW in person Meetup will be THURSDAY, May 4 at our favorite, OL’ SOUTH PANCAKE HOUSE. They have welcomed us back!  But they have no way to broadcast the Meetup from that location so it is limited to attending in person (I come over on the TRE train.)

Which ever Meetup you wish to attend,…

·       BE SURE TO REGISTER ON THE MEETUP SITE. We will have a private room setup for us. Seating is limited to the room they give us.  If we have a big group, we are more likely to get the back room with their new BIG SCREEN TV to show the slides and charts!

·      OL’ SOUTH HAS MADE A LEGITIMATE REQUEST - ALL ATTENDEES MUST ORDER A MEAL, single or multi-course is OK. YOU CAN EAT IT THERE OR TAKE IT HOME.

QUESTIONS OR SUGGESTIONS?? Please call, Charlotte  Hudgin, (214) 995-6702.

Thursday was a solid Major Accumulation day for the Nasdaq. Even though the S&P500 and the DJIA also had solid rising days on Thursday, they gained much less than my favorite Nasdaq.

·       The S&P500's fell 35% short of the Nasdaq’s 2% gain on Thursday and

·       The DJIA fell 45% short.

Remember, the market has only completed a little more than 25% of the 2023 so far.

The market has ridden the edge of the new Uptrend for11 days. Only 5 days were up days with 5 down days and one day with no change. Despite the bumpy road over the 11 days of the current Uptrend, the Nasdaq has earned 3.8% over those 2+weeks. Nice! Thursday’s 2.0% pop in just one day excited me! Has this Uptrend finally gathered wings? Stay tuned in!

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Notethe “Accumulation/Distribution” ratings below of the Nasdaq, S&P500 and DJIA are all at or above the 50-day line and ALL are above their 200-day line.

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The ACCUMULATION/DISTRIBUTION table shows a strong sign of a recovery happening as the “As” & “Bs” count recently rose from 31% to 42% in just TWO weeks.

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Are you registered on the current www.ArmchairInvestor.com site?

If so, you will receive a BRIEF email from me eachnight after I post the newsletter so you will know, as soon as possible, when it is available for your review..  If you don’t get that message, just click on the popup invitation that appears when you go to the www.ArmchairInvestor.com website (the one listed above) and register.

Are you holding onto stocks that you like in spite of their weak chart action? Not me!  Cash is always a safe alternative. But note this recent broad rotation (past highly rated stocks being sold and under rated stocks being bought,)

>>>>>>>>>>>>> PLEASE READ THE FOLLOWING NOTE >>>>>  

A long time ago, (after paying for this lesson multiple times…..)  I finally learned two important messages:

1.    I am NOT smarter than the market. And,

2.    The market does not care about my “fine” opinion.

When I see the institutional investors selling hard (as shown by the drop of ”A” and “B” rated stocks, I am happy to step out of the market by selling my QQQ position.  

NOTE:  If you have individual stocks or ETFs that are holding up well, you certainly can hold them. But please keep a tight rein on them.

Remember: Stocks usually fall faster than they rise!

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Wishing you, “Many Happy Returns.”

Charlotte Hudgin, The Armchair Investor,  (214)995-6702

www.ArmchairInvestor.com   (214)995-6702   editor@armchairinvestor.com  

2023 ACI NEWSLETTER sent via WEBFLOW

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