About Steven Albrecht

Steven Albrecht was President and Chief Executive Officer of Charter Trust Company from 2001 to 2016.

Value Portfolio Reports Week Review – October 10, 2016

By |2016-11-17T15:40:27+00:00October 11th, 2016|Categories: Money Basics|

Last week (Week 40) 3 October to 7 October The market moved slightly upward over the week as news agencies made constant predictions on the upcoming presidential debate. It dominated the news so much that major economic events were totally lost in the mix. Before we take a look at some of the market activity I must say that I was extremely impressed with the Massachusetts Eye & Ear Annual Gala that I attended in Boston on [...]

Value Portfolio – Sector/Industry Analysis

By |2016-11-17T15:41:30+00:00September 15th, 2016|Categories: Money Basics|

U.S. Largecap Sector Relative Fair Values: Wednesday, September 14, 2016 Significant Changes Since Last Week: Yesterday, I was switching back and forth between CNBC, Bloomberg and BBC to hear how each of the networks interpreted the swings in the market over the past several days. I was not surprised to hear everything ranging from direction from the Fed, lack of direction from the Fed, the Fed is clear to make a move before year-end, the Fed is [...]

Value Portfolio-Asset Allocation Analysis

By |2016-11-17T15:41:34+00:00September 15th, 2016|Categories: Money Basics|

Significant Changes Since Last Week: This past week certainly was not without excitement as the market whipsawed several hundred points on a day-by-day basis. While it was exciting to watch, it did not make any major changes in the longer term asset allocation. However, there are some minor changes to align the allocations to relative weights. Let us first look at the areas where we are suggesting overweight positions relative to the market. The largest overweight position [...]

Value Portfolio – Sector/Industry Analysis

By |2016-11-17T15:41:43+00:00September 14th, 2016|Categories: Money Basics|

U.S. Largecap Sector Relative Fair Values: Wednesday, September 14, 2016 Significant Changes Since Last Week: Yesterday, I was switching back and forth between CNBC, Bloomberg and BBC to hear how each of the networks interpreted the swings in the market over the past several days. I was not surprised to hear everything ranging from direction from the Fed, lack of direction from the Fed, the Fed is clear to make a move before year-end, the Fed is [...]

Value Portfolio – Top/Bottom 25 Performers

By |2016-11-17T15:41:53+00:00September 13th, 2016|Categories: Money Basics|

Top 25 Performing Stocks     Significant Changes Since Last Week: RMR was able to retain top billing on the Top 25 list for another week but several stocks in the field experienced large moves, both up and down. U.S. Silica filled the #10 spot last week and jumped to #6 while WPX Energy jumped ten spots from #14 to #4. Further down the list at #18 Southwestern, another energy stock, jumped to #13. The big gainer [...]

Value Portfolio – Sector Report for August 31, 2016

By |2016-11-17T15:42:32+00:00August 31st, 2016|Categories: Money Basics|

U.S. Largecap Sector Relative Fair Values: Wednesday, August 31, 2016 Significant Changes Since Last Week: We finally made it; sort of. The market gave up 0.5 percentage points and moved back below 100%FV to 99.5%FV. This type of one-step-forward, one-step-back has been occurring ever since The Great Recession. We do not mind the slow-n-steady movement because it has been to the upside over the longer term, but it does require patience. Third quarter economic expectations and consumer expectations are all supporting [...]

Value Portfolio – Top & Bottom 25 Analysis

By |2016-11-17T15:42:53+00:00August 30th, 2016|Categories: Money Basics|

Top 25 Performing Stocks Year-To-Date: Tuesday, August 30, 2016 Significant Changes Since Last Week: Advanced Micro Devices lost the #1 spot this week being replaced by The RMR Group. RMR is a real estate stock that has posted a 168% return so far since January. The stock is on the SELL Watch list at 155%FV.  Several stocks swapped single positions such as CONSOL Energy at #7 traded the #8 position with Royal Gold.  The largest move was with [...]

Value Portfolio – Sector Update

By |2016-11-17T15:43:23+00:00August 24th, 2016|Categories: Money Basics|

Significant Changes Since Last Week: We finally made it! The market has reached 100.0% Fair Value (100FV) after flirting with this benchmark for the past several weeks we finally crossed the plateau. Now before everyone runs for the Sell window thinking the market is surely going into overvalued territory we should explain what 100FV means and the normal fair value trading range. First, 100FV means that at the current prices, as a group, the market is trading [...]

Top/Bottom 25 Analysis

By |2016-11-17T15:43:51+00:00August 16th, 2016|Categories: Money Basics|

Top 25 Performing Stocks Year-To-Date: Tuesday, August 16, 2016 Significant Changes Since Last Week: Membership in the Top 25 is more desirous than the Bottom 25 and we have two new members this week. Chemours (CC) the spin-out from duPont earlier this year has moved up nicely posting a gain of 128.5%. This is a pleasant surprise because investors were not sure about how the company would survive as an independent enterprise. The [...]

Value Portfolio: Global Asset Allocation Analysis

By |2016-11-17T15:43:58+00:00August 15th, 2016|Categories: Money Basics|

Global Asset Allocation: Monday, August 15, 2016 Significant Changes Since Last Week: Welcome to the first asset allocation analysis report. This report will be produced monthly, on the 15th of each month and take into consideration changes within relative fair values, interest rates and corresponding yields as well as forecasts for each identified classification listed in the table. The table provides target allocations in terms of percentages that would ideally reside in each category. (I say ideally [...]