July 8th Weekly Market Update
The summer means cookouts. The recipe for success is usually simple: take a basic ingredient, add some characteristic flavors, and apply some heat. The recipe for stock market investing success may be as simple as taking the S&P 500 and adding the characteristics provided by buybacks as the market heats up in the second half of the year.
Some characteristics to consider for a good core U.S. stock portfolio for the second half include:
-Market-like risk exposure
-Fewer mega-sized companies
-Favor consumer discretionary and health care
-Favor financials
-Avoid materials and energy
-Avoid utilities and telecommunication services
For the full article: The Right Recipe for Stocks