M1 Finance Portfolio: Dividend Aristocrats 2020 - Week 22 (March 13th, 2020 - $280.67)

Week 22 - $280.67

The stock continues to see dramatic swings as massive buy-ins and sell-outs occurred throughout the week, with a notable rally on Friday on hopes of a stimulus plan to boost the economy during the COVID-19 pandemic.

Total Report (Since October 11th, 2019)

Positive Performing Sectors
None

Negative Performing Sectors
1. Utilities (-4.06%)
2. Healthcare (-6.55%)
3. Communication Services (-11.43%)
4. Consumer Staples (-13.84%)
5. Information Technology (-17.39%)
6. Industrials (-24.24%)
7. Real Estate (-24.46%)
8. Materials (-25.19%)
9. Financials (-28.39%)
10. Consumer Discretionary (-29.38%)
11. Energy (-49.58%)

Weekly Report (March 13th, 2020)

 

 

 

Positive Performing Sectors
None

Negative Performing Sectors
1. Utilities (-1.32%)
2. Healthcare (-4.42%)
3. Communication Services (-6.75%)
4. Information Technology (-8.19%)
5. Consumer Staples (-8.73%)
6. Consumer Discretionary (-9.06%)
7. Materials (-10.18%)
8. Industrials (-10.27%)
9. Financials (-10.84%)
10. Real Estate (-11.25%)
11. Energy (-15.23%)

GICS Sector Performance Ratio - Balanced: From 8:3 (72.73%) to 0:11 (0.00%)

 

 

 

Review

 

Another tumultuous week for the stock market left every sector deeper in the red as cases for COVID-19 impact states nationwide and force many companies to take austerity measures to contain the pandemic's spread. Productivity has slowed and the Healthcare sector is strained as shortages for basic medicine and equipment become widespread. Although cases in China, the epicenter of the COVID-19 virus, have thus far plateaued, the cases reported globally continue to grow by the hour. Extreme measures are likely to take place in an effort to stem the virus, with the US already declaring a national emergency and Italy quarantining millions of people along with dozens of other countries. This will have a significant impact on global trade and production. It is not known how long this slowdown will remain, but with estimates for a vaccine placed to as far as the end of next year, any future spikes in COVID-19 cases especially in sensitive population centers will have a dramatic effect on world resources. Draconian measures are likely to be placed once the pandemic becomes too widespread to handle, and with the markets leaking equity as a result of business shutdowns, there is a likely chance of a recession occurring should the panic continue to endure in the next few months.

This of course relies on the reports coming out from China. If the information is as reliable as the Chinese Communist Party claims, then it is expected that the panic will fizzle out as people begin to recover from the virus and the number of infected plateaus. However, if this turns out to not be the case, then what is seen these past few weeks is only the beginning of something much worse.

Last Week's Update (March 6th, 2020)

M1 Finance Platform Referral Link: https://m1.finance/UIl_N9XNA_CO

M1 Finance Dividend Aristocrats 2020 Pie: https://m1.finance/quB1JH2k6