Forgot to note the value of "2001" at the end of February. It got clocked, however, and is now up only 12.2% YTD.
siliconinvestor.com
As expected, when one tries to pick stocks with near-term upside potential in a lousy market, the performance of individual issues is all over the block. VPHM is up 84%. The worst performing issue, LEXG, is down 44%. The "mean" stock is off 6.1%, and the standard deviation is +/- 38.5%. Stock-picking can provide for a decent return in a tough market, while those who are naive (and/or deceitful) represent that sector stocks will move together.
Through the second worst market in NAZ history, portfolio "2000" has retained significant value. It's currently at +217% and poised, IMO, for significant upside. I should start a new "dry-powder", a "son of dry powder".
;-)
In real life, I've been riding calls for the past two weeks. Taking profits and rolling them out, I've accumulated extra dry powder and some "freebie" positions. The freebies could expire worthless, but it's worth the ride. As VPHM nears judgement day, I've also searched out (and found!) a new, fave daytrade/scalp issue.
Having diversified significantly last week, I'm also working to uncover (and understand) leveraged positions in proteomics.
Good luck, all! |
