Sunday, July 1, 2007

Going Long Update





I'm a few weeks late on the long port update but here we go; re-balancing this weekend. I am going to use the closing prices on Friday, 6/29/07.

Quick recap on the huge winners so far:

CF up 107%, annualized gain is 256%
TRA up 84%, annualized gain is 202%
NAVZ up 60%, annualized gain is 144%

We started with $100,000 on 1/29/07 and the port is worth $113,690. That's 13% in 5 months, so the port is up 32.8% annualized. AVCI killed us. If that one had just been breakeven the port would be up about 41% annualized. But this is a buy and forget it paper portfolio so no worries. If I were playing this strategy for real (which is in the works), a 20% stop would be what I would do.

Cutting these: NTY RYI RKT AVCI DYN FRG SBGI TTEC
Adding these: KMGB BPHX GTLS LPHI ICOC GTI IMMR
I stuck to the original filter (search "Going Long" for the other posts about this port) and then saw bunches of Episodic Pivot breakout stocks on the list. Thank you Pradeep, new port heavily weighted to these babies.

Anyone else playing this kind of port? I think we should be adding to the CF and TRAs as we cut the losers. We haven't done this with this port trying to keep the returns simple to see. But I think we should.

3 comments:

Pal said...

First of all I love your blog! I am trying to build a port based on earnings and EP.

Laura said...

Thanks Pal,

Same for me. Due to work demands I can rarely day trade. This port is up nice and with little effort. A bit of work on the stops (as in we have no stops now) and it will rock.

Your homework: read the blog from start to finish. ;)

And btw, welcome to the blog and chat.

Pal said...

Thanks Laura. I have a fulltime job. But learning to pick good stocks has become my passion. I started this just a few months ago and I still have a loooong way to go :)
Will definitely do the homework and buzz you if I have questions.