What a very nice day! My entire portfolio was up 3.1% in a day. That’s a lot in one day. The S&P and Russell 2000 averaged up 1.1%. My gain was led by my second largest position, LGIH, which announced home closings, and was up 12.7% on the day, and by GBX, my second smallest position, which announced quarterly results, and was up 5.9%. Since these were basic industry (home building and railroad cars), I think it bodes well for the economy, which certainly isn’t going over a cliff. Here were the entire day’s results:
LGIH 12.7% GBX 5.9% CBM 5.1% ANET 3.7% AMZN 2.7% SHOP 2.6% SNCR 1.7% CYBR 1.6% SWKS 1.5% CASY 1.3% MITK 1.1% SBNY 0.7% INFN 0.7% PN 0.5% SKX 0.2% INBK (0.1%)
I hope you enjoyed the day as well.