I added CR, and D to my watchlist this week. Of note, the prior week’s watchlist additions have shown quite a bit of strength since being added, with idea generator additions from week 49 also faring favorably.
This week, the idea generator saw 5 new additions with NEWT, VNET, VRX, HCC, and ETSY being added.
Looking at how the watchlist positions are trading, there’s not been much change this past week.
Above Targets: BRK.B,
Between Targets: VRSN,BIDU,BA,ENV,AAPL,DLTR,
Below Target 1: KOP,KELYA,CNO,CTAS,MAS,HLT,
The semi-diversified rule-based model portfolio that we’ve been playing with improved over last week, and is up 3.40% since inception. Though the time-frame is way too short to be meaningful, this does compare favorably with the S&P which is up 2.90% over the same time frame. We’ll continue to keep an eye on this, as an input for our workprocess and the possibility of incorporating something analogous into the Earnings-Reminder platform down the road.
