Weekly Market Outlook
For Institutional Investors Only
April 9, 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 8, 9, and 10. The strongest performer was Aptiv, which was 7.16% higher on the week. The laggard was Pluralsight (PS), which declined 5.15% on the week (of note however is that our exit of PS shares would have occurred on 3/4/19, at $32.84 per share).
As far as sector rotation is concerned, the Consumer Discretionary and Exploration and Production sectors are currently leading the S&P500 on a relative basis. On the other side of the equation, Utilities, Energy, and Healthcare are currently lagging the S&P 500.