I came back to my desk just now and noticed that my DOW-type companies are up today with UTX up 3.16% while my Saul-type companies are down 2.65% to 4.94%.
I added to my MDB and AYX positions and started a small ZS position.
Might be a good time for others here to add/start positions.
Gene
All holdings and some statistics on my profile page
http://my.fool.com/profile/gdett2/info.aspx
Down 4% is not really a bargain.
Let´s see what happens tomorrow.
More importantly, I think it may be important to think about why, on a day when the tech giants are surging, every one of these stocks are down. I suspect it is simply “the powers that be” moving money within tech to those companies with a clearer probability of near term upward movement.
The question I would have is, since it is unlikely that a bunch of heavy hitters have collected just this group and all sold at the same time, what specific ETF is so focused and concentrated to cause a “coordinated” movement like we had today? If there is one, examining its other holdings might offer some new ideas to follow up for future investment.
Jeff
At the risk of straying off topic, the ETF which I have found to have similar investing criteria is one that I incidentally learned of from this board is called ARK Web
as per their site, the companies within ARKW are described as "being focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media. These companies may develop, produce or enable:
Cloud Computing & Cyber Security
E-Commerce
Big Data & Artificial Intelligence (AI)
Mobile Technology and Internet of Things
Social Platforms
Blockchain & P2P"
It is my largest holding after SHOP, SQ, NTNX, AMZN, MTN and GOOG. It is where my investment funds go into when I cannot decide on my next allocation, thereby reducing my decision (hesitation) time