This is a bit scary of me to say, but the Buy List has been doing incredibly well lately. We?ve beaten the S&P 500 for 14 of the last 17 days. Now I promise not to get too cocky because I?m still trailing the market for the year. In fact, just mentioning this makes me think that I?ll jinx it.
Last week, I noted that the Buy List had its best day relative to the S&P 500 for the year. It was only the third time we?ve beaten the market by over 1% in a day. Well yesterday was the best day ever against the S&P 500. We were up 0.16% while the S&P 500 was down -1.00%.
I?m stunned that these days are coming so close together. I build the Buy List to roughly conform to the overall market, but just do a little bit better (hopefully). Our daily correlation usually runs about 85%. S
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