Current Market Outlook
BLOG POST: Our Current Market Outlook is “Uptrend Under Pressure” and our light is “yellow.“
Today on the first day of summer, Monday, June 20th, 2016 we at Triumphant Portfolio Management have expanded our official “Restricted List” of companies that will NOT be invested in within our managed equity portfolios.
This announcement was made public by our TPM President & Founder, James Jon Benet, who added…
“today, on the day which has the most sunlight all year, it is appropriate that we ‘shine the Light’ of Christian faith & morality on companies whose business practices include activities/services/products that are offensive to our faith and values and that ultimately are destructive to our communities. With today’s additions, our restricted list has grown to almost 200 publicly traded stocks found within 8 distinct categories.
As an example, one of the companies is a chain of so-called “restaurants” or “gentlemen’s clubs” with facilities in several states. Give me a break! No gentlemen or respectful man would go into their facilities. Call it what it is… they are strip joints. This type of activity is deplorable, unhealthy and an obvious sexual exploitation of women. This is nothing more than a form of legal prostitution. In my opinion it is unconscionable that this is even a publicly traded stock. It and other stocks like it will be vehemently & purposely avoided from our TPM buy list. We are called to ‘be in the world, but not of it’, and I believe that includes our money.”
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Triumphant Truth
You’re not here by accident. God loves you. He wants you to have a personal relationship with Him through Jesus, His Son. Triumphant strives to honor the Lord and bear witness to His love and mercy by serving our clients with disciplined, proactive wealth management.
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This information is not intended to be a substitute for specific individualized advice. The TPM strategies cannot assure a profit nor protect against loss. Inherent limitations and market conditions may affect the performance of portfolios in any given market environment. Past performance does not guarantee future results. Investors should consider the investment objectives, risks, charges, and expenses associated with any investment strategy.
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