July Updates

Earlier this month I made a post about this quarters earnings reports and whether or not we were in a "recovery".

Basically I pointed out the following:

- There is still lots of uncertainty
- Most likely we are in a "jobless recovery"
- Expectations have been set low and that numbers will still be down but not as far down or as bad as expectations and this will be seen as good news.

I think all this has played out as expected for the month of July.

- All the uncertainty has led to lots of volatility.
- Unemployment rates are not getting better.
- Lots of companies, though still reporting profits and revenue down, are beating expectations.

So, how have my picks held up in all of this?

Well, it is certainly a mixed bag. And here is a word of advice. For this year, my bench has outperformed my starting lineup.

But, regardless, I am not doing too badly. As you can see, from my covestor badge on the left, I am currently holding HGRD which has had it's up and downs, but mostly up so far this month.