Top Names, 12/14/2023
Continuing our core strategy.
Our Core Strategy
Our core strategy is to buy equal dollar amounts of the Portfolio Armor web app’s top ten names, put trailing stops of 10%-15% on them, and replace them with names from the current week’s top ten when we get stopped out of a position.
A Top Names Performance Update
Before we get to this week’s top ten names, let’s look at the final, 6-month performance of our top ten names from June 8th.
Top Names, 6/8/2023
This Week’s Top Names Before we get to this week’s top names, a few quick updates. The Trump Indictment. Bad news for American politics and governance, but I doubt it will have any market impact in the near term. I plan on writing a post about it for ZeroHedge, which you should be able to find
Over the next six months, our top ten names from June 8th were up 12.72%, on average, while the SPDR S&P 500 Trust ETF (SPY 0.00) was up 8.02%.
That was the 17th top names cohort of 23 so far this year that outperformed the market (PA top ten returns are on the left below; SPY returns on the right).
This Week’s Top Names
Below are Portfolio Armor’s current top ten names as of Thursday’s close.
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