For the prior week, the Everyday Finance portfolio outperformed the S&P500 again with a return of 3.6% versus 2.7% for the index. Big gainers for the week were Focus Media (FMCN) with a return of 11.6% and Suncor (SU) with a return of 8%. The full portfolio and respective returns appear in the attached chart. .
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The portfolio has now outperformed the index several weeks in a row, including a down market (I had updated mid April; not sure what happened there, so for sake of argument, let's call it now 6 of the past 7 weeks running)
May 11 Post -.2% vs. -1.8% for the S&P500
May 2 Post 2.7% vs. 1.4% for the S&P500
April 26 Post 1.2% vs. 0.8% for the S&P500
April 19 Post 6.2% vs. 5.5% for the S&P500
April 6 Post 6.7% vs. 4% for the S&P500
Future considerations for the portfolio based on recent posts are:
- Banco de Colombia, which has performed incredibly, running up 35 times over the past few years and is doing well of late too.
- Vision China, which is shaping up to be the next Focus Media; both growing Chinese advertising stocks.
- China Finance Online, which happens to be up 20% from last week due to stellar earnings, but one that I've been tracking nonetheless.
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