JTH's Account Talk

[JTH]

Interesting observations

YTD the Weighted Mid-90 of the S&P 500 are tied with the Weighted Top-10 at 5.37% each.

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From the Top-10, the last 52-Week High recorded was Google on 25-Aug, the oldest is from Amazon on 4-Feb.

 

[JTH]

A side note, it took a few months, but my dad was finally able to move his Retirement Mutual Funds out, and it's now under his direct control in a IRA. Those mutual funds had very high expense ratios, and were spread across several risk categories. Since he's retired, it was time to take off the risk.

My dad thinks the economy is going to tank, and he correlates this to the stock market. I made that mistake cutting my teeth back in 2008, when I put too much faith in economist. So we take a bunch of data, that is flawed, missing, corrupted, and let Economist tell us what the outcome will be. I try to tell him "Economists have predicted nine of the last five recessions", but you know as well as I do, some folks are set in their ways.

Anyhow, what's important, is his money is secured, my hope is that he spends as much of it as he can before he kicks the bucket.

 

[JTH]

Seasonality wise we are entering the weakest part of the year.

• Kids back to school, dropped a bunch of cash in the process, then start looking to trim profits.
• End of Fed's Fiscal year (old unspent money pulled back early, new money drops late)
• Quarterly Re-balancing
• Last 176 Weeks of September (1984-2024)
  • 48.3% win ratio Vs. normal 57%
  • -.23% average September return Vs. .23% non-September return
  • A total September Sum of -40.45%