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%-20% 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 April 11th, 2024.
Our top names from April 4th were down, on average, 0.1%, over the next six months, versus up 12.59% for the SPDR S&P 500 Trust (SPY 0.00%↑).
If you look at our worst performers from April 11th, you can get a sense of how our core strategy outperforms our top names. If you started our core strategy on April 11th, and bought these names, you would have sold SMCI when it was down 10%-20%, rather than holding it down 49%. And at the same time, you would have continued to hold COHR until now.
So far, we have 6-month returns for 67 weekly top names cohorts since we started this Substack at the end of December, 2022.
And as you can see above, our top names have averaged returns of 18.58% over the next six months, versus SPY’s average of 12.54%. 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.
If You Are Concerned About Downside Risk
As a reminder, you can download our iPhone hedging app by clicking on the QR code below or aiming your iPhone camera at it.
This Week’s Top Names
Below are Portfolio Armor’s current top ten names as of Thursday’s close.
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