Steady Going: No Changes to Model Shadow Stock Portfolio
After the quarterly review of the Model Shadow Stock Portfolio, no stocks were removed or added.
Featured Tickers: BOOM, KE, LAKE, NAESX, SDHC, VFINX
Model Shadow Stock Portfolio unchanged after September review
August performance strong for small-cap value stocks, but large-cap growth remains long-term leader
Selection criteria focus on smallest, cheapest profitable stocks, with quarterly reviews limiting turnover
Participation in the market uptrend broadened in August, with smaller companies outpacing larger firms during the month. The Model Shadow Stock Portfolio gained 12.2% during August, outpacing the 2.0% total return of the S&P 500 index. The S&P MidCap 400 index returned 3.4% during the month, while the S&P SmallCap 600 index rose 7.1%. Earnings, tariffs and growing expectations of a resumption in Federal Reserve interest rate cuts dominated financial news during the month.