This week, trading volume dried up ahead of the Labor Day holiday and we made no trades in the model portfolio, although a few names made big gains.
Though volume has largely dried up, several of our model portfolio names have made sizable gains over the past two weeks.
Stocks continued moving higher on light summer volume, but it was a quiet week for the model portfolio.
The company has increased its payout 48 times in the past 45 years.
As trading volume has largely dried up, it was a quiet week for the model portfolio, but we continue to look for new opportunities.
Today's drop is merely a reversal of Thursday’s gains.
As we use this low-volume period to conduct research, this issue includes four updates on model portfolio names and two dividend reminders.
The Russell 2000 snapped a four-week losing streak this week, and we used pullbacks to add to two of our model portfolio positions.
We'll be listening for updates on the Convergent Media acquisition.
TherapeuticsMD can trade up toward the high-single digits in the coming quarters.