Look like you pick the wrong stock in a good sector.
I run a quick test by using VV. I select top ten energy stocks on 9/1. They are
ASPN, NTG, CHAR, LUFK, GMXR, MDR, ARD, FTO, GLBL, CFK.
The average 1 month return for the portfolio to 9/30 is 11.02%, (annual return 139%) vs 0.7% of the market average.
The best stock in the selection is ARD up 43%. The worst is LUFK down 12%.
Another good strategy is buy the best 52 or 26 weeks high stocks sorted by combination of value, timing, and safety. I would be able to select 10 stocks: ASPN, HOM, NTG, HHGP, FRK, TS, CHAR, LUFK, UFPI, ASEI on 9/1. Buy and hold till 9/30 the portfolio will be up 8.47% in 1 month. The big winners are HOM up 60%, NTG 17%, and big lossers are LUFK -12%, ASPN -12%. |
