Please check out our updated all time Performance Record on the link on the left of this page.
We were down 1.4% last week and are now up 5.3% for the year. The DOW was down .7% and NASDAQ was down 1.7%. For the year, the DOW is up 2.2% and NASDAQ is up 5.7%
No significant news last week.
Some of our stocks are just stupid cheap—compared to their net cash on hand divided by their stock price.
Check this list:
Last week we went 4 stocks up, 9 down and 1 even. Since inception we are now 67 stocks up and 18 down for an 78.8% winning percentage (80% is our target win %). Of our closed-out positions, 59 have been winners and 13 have been losers for an 82% win percentage and a 34% average net gain per position.
The model portfolio assumes $10,000 invested in each stock (unless we double-up–then it is $20,000), less $10 commission each way (TD Ameritrade rate). Continue reading