Stocks featured at this site; average +4.14% profit
I just compiled a portfolio to reflect the performance of stocks I’ve mentioned on this site in the last 11 weeks. How has the site performed? Well, with a full 1/3rd of the open trades being shorts, and 86% of the stopouts being from shorts, it’s actually a very impressive performance.
Out of 62 trades mentioned, the average winner is +4.14% (including stopouts and assuming the port was closed today).
Out of 62 trades, only 14 (22%) of them stopped out. The average stopout is -4.6%.
38 out of the 48 open positions are green.
1 stock enjoys profit of +50% or greater. 5 stocks enjoy profit of 20% or greater. 10 stocks enjoy profit of 10% or greater. 25 stocks enjoy profit of +4% or greater.
The average gain of all open positions is +6.7% (across 48 open).
If one had traded 1K for each and every position total profit would be +$2,682.00. ($3,159.00 - $477 stopouts)
Standout winners have been AWX +49.8% (long), ADBE +39.96% (long), PARL +28.59% (short), ORCL +21.95% (long), PARL +20.57% (short), CERS +17.7% (long), BDCO +15% (long), AAPL +12.3% (long), STKL +11.6% (long) and GOOG +10.47% (long).
Stocks yet to perform are mainly shorts; OLN, CCC, IMCL, WLL and IFIN.
Longs yet to perform are USAK, KLIC, NVAX, and GNBT.
Stopouts are as follows:
Oct 16 MTEX long 60 shares 16.96 -3% stop out -$30.00.
Oct 16 MTEX short 60 shares 16.73 -1.6% stop out. -$16.00
Oct 16 STEC long 100 shares 9.22 -2% stop out -$18.50
Oct 5 IMCL short 35 shares 29.07 -2.9% stop out -$29.50
Oct 4 NVDA short 35 shares ~30.00 -4% stop out -$42.00
Oct 3 WMT short 20 shares at $48.84 -1.4% stop out -$13.70
Sep 22 EBAY short 38 shares 26.22 -0.57% stop out -$5.70
Sept 11 GDP short 30.59 stop out even after +17% move. No loss.
Sept 11 INTC short 50 shares at 19.40 -3.3% stop out - $32.00
Sept 11 AAI short 106 shares at 9.42 -15% stop out -$150.00
Sept 11 WRS short 67 shares at 14.85 -2% stop out -$20.00
Aug 7 OLN short stopped out break even, as per Sept 2 post. No loss.
Aug 28 BDK short stopped out -4.2%. -$42.00
Aug 24 EBAY short stopped out -7.8% -$78.00
Total of 14 stopouts. Average stopout is 64.77/14 = 4.6% across 14 stopouts.
Total dollar amount lost = $477.40.
Rules:
a) $1000 invested per position
b) long or short entry as per comments or chart patterns
c) stops or stop on bias as specified, or if not specified assumed stop on the other side of supporting pattern.
c) open targets with stop to even after +10% move.
So overall, it’s not a bad effort. Sure, it does underperform the broader market’s bullish trend in the last 3 months. Obviously the short positions are the cause of that. A full third of the open portfolio are shorts. And of the 10 open negative positions, 5 of them are shorts. Plus, 12 of the 14 stopouts were shorts! Given all of that, it’s actually a remarkable feat that the portfolio is so green after the very very bullish nature of the markets lately. In a sidways or bearish market, can you imagine how much better things would be! I can. Probably something even more remarkable is the fact that the 3rd and 4th best performers out of all of the positions were from shorts (2 PARL short positions +22% and +30%), and out of the Top 7 positions, 3 of them are shorts (PARL as mentioned and BDCO +15%)!! So the moral of the story is that in a bull market, there are still stocks that are gonna tank for the bears.
Curiously and agonizingly enough, the 2 long play stopouts were for MTEX, a Mr.Market final pick, and STEC, the best parabolic performer of one of IIC100 lists. Unbelievable lol!
Best to all.