George Washington, the first President of United States of America, was born February 22, 1732. His birthday is a United States federal holiday celebrated on the third Monday of February. It is also commonly known as Presidents Day (or Presidents’ Day)
Markets continue to march forward
The DOW was +402 or +1.39%, S&P500 was +62 or +1.86%, and the NASDAQ was +238 or +2.5% for the week ending Feb 14th. Investors are starting to feel comfortable with the Coronoavirus spread despite no clear cure or plan to mitigate the spread has been established. The China and its economy is on a lock-down state which is bound to impact the product deliveries to various global companies around the world. China remain a major exporter of various products which are critical for making other products. Think iPhone, other electronics, motors, electrical-mechanical parts, textile-apparels, shoes, to many daily use items.
YTD 2020 Dow is up +3.0%, S&P500 is up 4.6%, and Nasdaq is up 8.5%
In 2019 DOW was up +22.3%, S&P500 up +28.9% and NASDAQ up +35.2%
In 2018 the DOW was down -6.7%, S&P500 down -7.0% and NASDAQ down -4.6%.
In 2017 the DOW was up 25.1%, S&P500 up 19.4% and NASDAQ up 28.2%
Our stock portfolio (if you invested on 1/1/2020) is +4.3% vs. S&P500 of +3.0%
In 2019, yet again, you beat S&P500 and did better than many at Wall Street! GAINS OF 42% !!