Positive Economic News Helping Us to
Beat the Market for 2004 -- 10.6% versus 1.5%
06/05/2004
On Friday the Labor Department reported that 248,000 new non-farm
jobs were created in May, higher than forecasted. The economy
has created nearly a millon jobs in the past three months,
the most in four years.
Along with the strengthening labor market,
other positive news included OPEC announcing that they are
raising their output target to help bring down oil prices.
Positive economic events such as this are helping our Primary
Stock Portfolio to outperform the S&P 500 this year (10.6%
versus 1.5%).
Part of the portfolio's performance can
be contributed to Marine Products Corp. This week we sent
out a sell signal for the boat manufacturer. The sale resulted
in a gain of
539.3% for subscribers who followed our buy and sell signals
for the company. Investing in the S&P 500 over the same
time period would have resulted in a loss of 11%.
-Rex M. Jacobsen
Sr. Editor
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