Weekly Market Outlook
For Institutional Investors Only
April 30, 2019
Glenn Williams Jr; CMT
215.280.8308
Glenn Williams Jr LLC
glenn@glennwilliamsjr.com
Weekly Update:
· Weekly summary of portfolio performance is outlined on pages 9, 10, and 11. The top performer on the week was NEOG, up 7.08% while the weakest performing name on the week was Tokai Carbon, which declined 12.99%
Last week I spoke briefly about the narrowing of the trade gap in February, and a subsequent assumption that it should bode well for GDP calculations. That actually did occur, as 1Q19 GDP was 3.2%, versus 2.2% in 4Q18. However, I’m not convinced that those numbers are as strong as the headlines suggests, when drilling down by line item (continued on pg 2).