Subject: January 25, 2020 Saturday Report

January 25, 2020 Saturday Report
Dear Friend,

It was a down week for the market (SPY off 1.0%) but our composite portfolio average gained 0.6% in spite of unusually high volatility in both Visa and Costco.  We have 3 underlyings with earning next week, so there may be some fireworks coming shortly.

Enjoy the full report.

Terry
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