News – Page 4 – The Generation X-Files

The Modified Stock Strategy: 8 Months In

3Jan

By X ManNo Comments

News

The Modified Stock Strategy: 8 Months In

Friday, December 31st was the last trading of the month and the year. After being the top stock for four months straight, Nvidia has been replaced. Therefore, I sold the four shares of NVDA for $296.38 each for a total of $1,185.52. With the cash of $36.24 I have held since September 1st, I ended the year with a grand total of $1,221.76. I started testing this strategy with $1,001.66 on May 3, 2021 so this technique has earned a return of 22 percent over the last eight months. Please see the table below for a summary of the stocks used for each month, the balance at the end of each month and the return earned through the end of each month. This strategy yielded losses through the first five months. On the other hand, it produced great returns in the final quarter ...

6Dec

By X ManNo Comments

News

Tim’s Adjusted Strategy: Month 7

November 1st was the first trading day of November. Nvidia was the top performing stock of the S&P 100 over the previous six months from May through October. Therefore, I held the four shares which I previously bought on September 1 for $225.79 each for a total of $903.14. I also held $36.24 in cash which equaled a grand total of $939.38. NVIDIA's Endeavor building in Santa Clara, California. Last Tuesday, November 30th was the last trading of that month and Nvidia (NVDA) closed at $326.76 so my four shares were valued at $1,307.04. Add the $36.24 in cash to that amount and the grand total equaled $1,343.28 through the first seven months with this strategy. I started with $1,001.66 on May 3rd. So over the last seven months, this modified strategy is up 34 per...

5Nov

By X ManNo Comments

News

Tim’s Adjusted Strategy: Month 6

October 1st was the first trading day of October. Nvidia was the top performing stock of the S&P 100 over the previous six months from April through September. Therefore, I held the four shares which I previously bought on September 1 for $225.79 each for a total of $903.14. I also held $36.24 in cash which equaled a grand total of $939.38. This equaled the amount of the proceeds from the stock I bought and sold in August, Capital One Financial (ticker: COF) along with the cash I held in August. On October 29th, the last trading of that month, Nvidia (NVDA) closed at $255.67 so my four shares were worth $1,022.68. Add the $36.24 in cash to that amount and the grand total was $1,058.92 through the first six months of this trading strategy. I started with $1,001.66 on May 3...

1Sep

By X ManNo Comments

News

Tim’s Adjusted Strategy: Month 4

August 2nd was the first trading day of August so I purchased 5 shares of Capital One Financial Corp., the top performing stock of the S&P 100 over the previous six months from February through July. I bought the shares for $160.03 each, for a total investment of $800.15. I also held $105.18 in cash. These two amounts totaled $905.33, the sum of the proceeds from the stock I bought and sold in July, Ford (ticker: F). With the end of August, it was time to close out the position and identify the new top stock of the S&P 100. August 31st was the last trading day of the month so I sold the 5 shares of COF for $165.64 each. In addition to that, the stock paid dividends of $6 on August 20th. The proceeds totaled $834.20 yielding a one month gain of $34.05 and a return of 3.8 p...

1Aug

By X ManNo Comments

News

Tim’s Adjusted Strategy: Month 3

July 1st was the first trading day for that month and I purchased 64 shares of Ford, the top performing stock of the S&P 100 over the previous six months from January through June. I bought the shares for $14.92 each, for a total investment of $954.84. I also held $14.90 in cash. These two amounts totaled $969.74, the sum of the proceeds from the stock I bought and sold in June, Capital One Financial Corp. (ticker: COF). With the end of July, it was time to close out the position and identify the new top stock of the S&P 100. This past Friday, July 30th was the last trading day of the month so I sold the 64 shares of Ford for $13.91, a whole dollar less than what I paid. The proceeds totaled $890.43 yielding a loss of $64.41 for a negative return of 6.6 percent. The ...

2Jul

By X ManNo Comments

News

Tim’s Adjusted Strategy: Month 2

This is a follow-up to my last post, Tim's Adjusted Strategy: Month 1. June 1st was the first trading day for that month so I bought six shares of Capital One Financial Corp. (ticker: COF), the top performing stock of the S&P 100 over the previous six months from December 2020 through May 2021. I bought the shares at $166.24 each for a total investment of $997.46 and held $29.93 in cash. This totaled $1,027.39 which was the amount of the proceeds left from the sale of the stock I held in May (month 1), Wells Fargo & Company. With the end of June, it was time to close out the position and identify the new top performing S&P 100 stock. This past Wednesday, June 30th, was the last trading day of the month but I actually sold the COF shares yesterday morning on Thur...

31May

By X ManNo Comments

News

Tim’s Adjusted Strategy: Month 1

This is a follow-up to my last post, Tweaking, Trading and Testing Tim’s Strategy. May 3rd was the first trading day for that month so I bought twenty-two shares of Wells Fargo & Company (ticker: WFC), the top performing stock of the S&P 100 over the previous six months from November 2020 through April 2021. I bought the shares at $45.53 each for a total investment of $1,001.66. With the end of the month, it was time to close out the position and determine what the new top performing S&P 100 stock is. Last Friday, May 28th, was the last trading day of the month so I sold the WFC shares for $46.70 each. The proceeds totaled $1,027.39 yielding a total profit of $25.73 and return of 2.6 percent. It's actually not a bad return for one month. WFC outperformed the benchm...

8May

By X Man1 Comment

News

Tweaking, Trading and Testing Tim’s Strategy

On April 28th, Tim Fortier of True Market Insiders published Sell In May? No Way! where he proposes playing something of a "hot hand" strategy. This is a dynamic trade which is adjusted monthly. His construct includes taking a long position in the top performing stock of the Standard and Poor's 100 Index over the previous six months. The second part of the portfolio is cash. The weight (allocation) of funds going in the stock is determined by setting the overall volatility of the portfolio to equal that of the market. Currently the market's volatility is fifteen percent according to Fortier. But in order to calculate the proportion to be invested in the stock, one must know both the volatility of the market and the stock in question. These variables may be found with so...

The Money Machine: I Just Made My Easiest Seven Grand!

23Jun

By X ManNo Comments

News

The Money Machine: I Just Made My Easiest Seven Grand!

A fistful of dollars! Photo by Andrea Piacquadio I don't trade Bitcoin. I'm not an options trader. I'm not even a day trader. I'm an investor. Last year, I started buying stocks. For quite some time, I was interested in building a portfolio. The reason is simple. I don't plan on working forever. I want to retire someday. And stocks are a major component of my retirement plan and savings. The Biggest Winner In March of 2019, I bought five stocks. The Walt Disney Company, Tesla, and Amazon are three of the companies I purchased. Everyone knows them. The other two you may not be familiar with: Mercado Libre and Shopify. Shopify's my biggest winner. And not just of this group of five. (adsbygoogle = window.adsbygoogle || []).push({}); ...

15Jun

By X ManNo Comments

News, Views

Was Trump Vaccinated?

Donald Trump is a draft dodger who hid in the White House's underground bunker two weeks ago, fearing the protesters outside his gates. In 2017, he admitted to being a germaphobe. Many would agree that he's one of the most cowardly and fearful men to ever be president. Yet despite his phobia of germs and despite his fears in general, Trump was still shaking hands with both friends and strangers alike into March of this year. This was despite warnings from health experts that hand shaking should be avoided because it increases the risk of COVID-19 infection. Source: Trump was Vaccinated And despite Trump being very aware of COVID-19's potential spread in the US, he and Mike Pence attended the Conservative Political Action Conference at the end of February where ...