Curated screens 2024-06-30

The first half of the year is over, and the S&P 500 set yet another record today, closing above 5,500 for the first time. The market is now up over 15% YTD. To show how difficult it’s been to beat the index, only 1 out of the 9 screens we’re tracking - Naz_Cons - is doing that now with a YTD return of 42%. Even VG-Horse is now losing the race and falling well behind. At this point, 7 out of our 9 screens are beating the market over the past 10 years. My post is a couple days late due to having to wait for gtr1’s data to get updated through the end of June. Wishing you all more prosperity for the 2nd half of the year, and Happy July 4th!

Screen YTD Return 10 yr CAGR 1 2 3 4 5
High_Relative_Val 6.9 12.6 ORRF MITT AMKR DAKT BY
Liquid_Cons 8.9 17.4 NRG VST NVDA MU GEV
Naz_Cons 42.3 28.8 NVDA MU QCOM CRWD ARM
ROE_Cash 9.1 14.2 MSFT VRTX REGN WDAY CPNG
Tech_Growers -12.7 13.1 APP GCT CRWD APPF GRND
Up_5% -0.6 11.8 DAKT NECB KELYA
Up_5X3 0.4 16.2 DAKT BYRN KELYA NECB NGL
VG_Horse 7.4 16.2 TAYD FLXS SMLP DAVE GHM
WK__Voom 12.4 15.3 AMSC CMRE THC IPI
S&P 500 15.3 12.9
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Ha! Referring to the Nasdaq Consolidators screen, I placed buy orders for both ARM and QCOM at 1:30pm New York time today, not realizing that the market had already closed early at 1pm due to the July 4 holiday. I guess they’ll get filled on Friday. Had the good fortune to have already bought NVDA and MU early last year, and CRWD 5 years ago. It’s still very early in the adoption of AI by enterprises and consumers. I expect this to be a decade-long process, at least. As far as risk management, you can set a 10% stop loss if you’re more of a swing trader (I do both mechanical buy and hold and swing trading.)

4 Likes

Nice to see ARM pop almost 8% today. As a reminder, Nasdaq Cons is a quarterly screen, so it holds all positions for 3 months, then re-balances. If you’re a swing trader, you can set a stop loss at 10% below your purchase price, and sell if the price moves below its 10-week (50-day) moving average while you’re holding. Read the book by US Investing Champ Mark Minervini for more details. This screen is based on a “bull flag” consolidation pattern which is well known to technical traders. HAGW!

6 Likes

Rana, does it require paid access / keys to GTR1 screen listings to get the YTD return output and current picks? If not, what process are you using?
(I’m rustling through researching if there’s a relatively usable way of timely tracking of select weekly traded screen actual results.)

Yes, I pay for an AAII subscription to get the current stock picks. GTR1 requires the hash code from the weekly data file from AAII to list the picks. If you just want the return results for YTD or any period, you can get those from GTR1 for free.

2 Likes