Friday, November 11, 2016

What A Difference A Week Makes.

Stunning Reversal

I published a atble last week showing my 12 open MFI Tracking tranches. Only 3 of the 12 were beating the Russell 3000. On average, they were up 0.9% versus a 1.4% gain for the index. Here is the same table four days later:


11/27/2015 4.4% 5.3% 0
12/31/2015 8.6% 8.1% 1
1/29/2016 16.6% 14.6% 1
2/26/2016 15.0% 13.8% 1
3/24/2016 15.7% 8.6% 1
4/22/2016 5.2% 5.1% 1
5/27/2016 9.0% 4.6% 1
6/30/2016 8.4% 4.3% 1
7/29/2016 2.2% 0.4% 1
8/26/2016 1.6% 0.3% 1
9/30/2016 1.4% 0.0% 1
10/28/2016 4.5% 2.3% 1
Average 12 7.7% 5.6%


So now leading 11 of 12 months. Almost a 7 point gain in 4 days.   I have seen similar gains, my select portfolio is also up almost 7 points and my Formula approach is up 5 points. We will see what today brings.


1 comment:

jb said...

The stock market is indeed a very strange and fickle beast. It's always a lot better when you end up on the plus side like that!
j