Image source: Pixabay

No Exits This Week

In our weekly 'Top Names' posts, I usually show the performance of the top names cohort from six months earlier, but in Thursday’s Top Names post, we didn’t have the full, six-month performance of our Dec. 7 top names cohort yet, so I wrote that I’d include that performance update in this week’s post. As it happened, we didn’t have any trade exits this week, so I’m posting this as a stand-alone performance update.

Our Top Ten Names From Dec. 7, 2023

These were our top ten names from Dec. 7, shared in this post at the time.

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Screen capture via Portfolio Armor on Dec. 7, 2023.

And here is how those top names performed over the next six months, versus the SPDR S&P 500 Trust (SPY, +0.13%). They returned 51.72% versus SPY’s 17.01%.

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Performance Data From December, 2022

So far, we have six-month returns for 50 weekly top names cohorts since we started this Substack at the end of December, 2022.

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And as you can see above, our top names have averaged returns of 23.31% over the next six months, versus SPY’s average of 12.72%. You can see an interactive version of the table above here, where you can click on each date and see a chart showing each of the holdings that week.

Given the strong performance of our top names (nearly doubling the six-month performance of SPY with each weekly cohort since we started), in addition to holding underlying top names in our core strategy, I am starting to use them more in options trades, such as my recent copper trade.

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