Trade wars - this week's market update

Newsletter | June 18, 2018

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Weekly news

and updates

Thanks to all who voted last week for the "High Point Rockers"! Just a reminder that you can vote once a week until narrowed down to the top 3 names.

Warmest regards,

Todd Day

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Market update by

Todd Day, Portfolio Manager

Let the trade wars begin!

The major averages finished mixed last week as tech stocks lifted the NASDAQ into positive territory, but the S&P and the Dow finished the week in the red. The big winners last week, and for several weeks in a row, have been the small caps which are somewhat insulated from trade wars/disputes—whatever you want to call it. We are still on track for a positive June, but the concerns over trade could weigh heavy if the rhetoric continues. ..

" Every strike brings me closer to the

next home run. "

– Babe Ruth

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