Top Names, 3/21/2024
*Updated* Continuing our core strategy, while updating our performance.
Note: Our end-of-day options data provider was still having issues with their server on Friday, so below I have posted our system’s top names as of Thursday’s close (hence the date in the title). I’ll update this post with Friday’s top ten names as soon as I have them, for those looking to place trades on Monday with the most current list.
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 September 21st.
Top Names, 9/21/2023
Our Core Strategy We’ve had a number of number of new subscribers this week, so here’s a brief explanation of 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 po…
Over the next six months, our top ten names were up 51.45% on average, versus up 21.54% for SPY.
That was the 28th top names cohort of 38 since we started this Substack that beat 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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