stocks – Page 3 – The Generation X-Files

As September Ends, Oil Stocks are No Longer on Top

3Oct

By X ManNo Comments

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As September Ends, Oil Stocks are No Longer on Top

On 9/1, twenty-one shares of Exxon Mobil (XOM) were purchased at $94, totaling $1,974 in stock, and $46.75 of cash was left over for a grand total of $2,020.75. On Friday, the shares were sold for $88.22 leaving a grand total of $1,899.25 in cash ($1,852.50 in stock proceeds plus the cash of $46.75). In August, I started with $2,005 so this trading strategy has lost 5.3 percent over the last two months. And XOM is no longer the top stock. (adsbygoogle = window.adsbygoogle || []).push({}); For comparison, the S&P 500 exchange-traded index fund, SPY, returned negative 14.3 percent in August through September so this trading strategy continues to outperform the broader market. The slide that started in August continued through September as economic w...

Through the August Dip, Trading Continues

1Sep

By X ManNo Comments

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Through the August Dip, Trading Continues

In August, more money was poured into the trading strategy, about $2,000. (I started with $1,000 in May of 2021.) 14 shares of T-Mobile US Inc. were purchased on August 1st for $143.22, totaling $2,005.07. The shares were sold yesterday for $144.34, returning 0.8 percent for the month. Now, T-Mobile is no longer the top stock. (adsbygoogle = window.adsbygoogle || []).push({}); For comparison, the S&P 500 exchange-traded index fund, SPY, returned negative 5.2 percent in August. So this trading strategy continues to outperform the broader market. In mid-August, the S&P reached its short-term peak then headed lower. In a speech on Friday 8/26, Fed Chairman Jerome Powell indicated they will continue raising interest rates in order to move moneta...

These are the Results of the Strategy Over 15 Months

2Aug

By X ManNo Comments

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These are the Results of the Strategy Over 15 Months

Back on July 1st, ten XOM shares were purchased for $88.05 per share totaling $880.50, and $86.17 in cash was leftover. Now, Exxon Mobil (XOM) is no longer the top stock in the S&P 100, and Friday, July 29th was the last trading day of July. The XOM shares were sold at a profit for $96.77 for a total proceeds of $967.73. Along with the leftover cash of $86.17, there was a grand total of $1,053.50 in cash on balance. The starting testing balance on May 3, 2021 was $1,001.66 so this strategy has returned 5.2 percent over the last fifteen months. Please see the following list of stocks used along with the ending balance for each month. (adsbygoogle = window.adsbygoogle || []).push({}); For comparison, the S&P 500 exchange ...

3Jul

By X ManNo Comments

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It’s Oil Stock Musical Chairs

Thursday was the last trading day of June and ConocoPhillips (COP) is no longer the top stock in the S&P 100. On June 1st, ten shares of COP were purchased for $114.90 each totaling $1,149.05 and $56.39 in cash was leftover. Yesterday, the COP shares were sold at a loss for $91.03 for a total proceeds of $910.28. Along with the leftover cash balance, there was a grand total of $966.67 in cash in the bank. The starting testing balance on May 3, 2021 was $1,001.66 so this strategy has returned negative 3.5 percent over the last fourteen months. (adsbygoogle = window.adsbygoogle || []).push({}); For comparison, the S&P 500 exchange traded fund SPY has returned negative 8.4 percent over the same time, including dividends. Market volatility ...

31May

By X ManNo Comments

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Oil Stocks Continue to Lead

Today is the last trading day of May and Exxon Mobil (XOM) is no longer the top stock of the S&P 100. On May 2nd, I bought twelve XOM shares for $86.40 each totaling $1,036.80 and had $56.39 in cash leftover. I just sold the XOM shares for $98.16 for a total proceeds of $1,177.92. Along with the leftover cash balance, I now have a grand total of $1,234.31 in cash. I started testing with $1,001.66 so this strategy has returned 23.2 percent over the last thirteen months. (adsbygoogle = window.adsbygoogle || []).push({}); For comparison, the S&P 500 exchange traded fund SPY has returned 0.5 percent over the the same time, including dividends. Market volatility continued in May as the SPY hit a year-to-date closing low of $389.46 on the 19th....

In the Last Year, this Trading Strategy Outperformed the S&P 500

2May

By X ManNo Comments

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In the Last Year, this Trading Strategy Outperformed the S&P 500

Friday was the last trading day of April and Chevron (CVX) is no longer the top stock of the S&P 100 going into May. On April 1st, I bought six CVX shares for $164.15 each, totaling $984.87 and had $149.6 in cash leftover. I sold the six shares for $157.27 each for a total of $943.59 on Friday. Along with the cash balance, I now have a grand total of $1,093.19 in cash. I started testing with $1,001.66 so this strategy has returned 9.1 percent over the last year. See the table below for a summary of each month’s ending balance and return. (adsbygoogle = window.adsbygoogle || []).push({}); For comparison, the S&P 500 exchange traded fund SPY has returned only 0.2 percent over the last year. 2022 has been marked with volatility an...

1Apr

By X ManNo Comments

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The Trading Strategy: Eleven Months In

Yesterday was the last trading day of March and ConocoPhillips (COP) is no longer the top stock of the S&P 100 going into April. On February 1st, I bought eleven shares for $90.63 each, totaling $996.92. I had $8.96 in cash leftover. On March 1st, the shares paid $5.06 in dividends increasing my cash balance to $14.02. Yesterday, I sold the eleven shares for $101.86 each for a total of $1,120.45. Along with the cash balance, I now have a grand total of $1,134.47 in cash. I started testing with $1,001.66 so this strategy has yielded 13.3 percent over the last eleven months. This is good considering market volatility continued in March due to the ongoing war in Ukraine, rising inflation, and Federal Reserve tightening. See the table below for a summary of each month’s ending ba...

The Modified Trading Strategy: Month 10 amid a Volatile Market

1Mar

By X ManNo Comments

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The Modified Trading Strategy: Month 10 amid a Volatile Market

Yesterday was the last trading day of February and ConocoPhillips (COP) is still the top stock going into March. On February 1st, I bought eleven shares of COP for $90.63 for a total of $996.92. I had $8.96 in cash leftover. Yesterday, COP's closing price was $94.86 so the value of the shares is now $1,043.46. Along with the cash balance, I have a grand total of $1,052.42. I started testing with $1,001.66 so this strategy has yielded a return of 5.1 percent over the last ten months. This is modest amid volatility in both the stock market and geopolitical events overall. The S&P 500 went into correction last week and was down 9 percent from its all time time at yesterday's closing bell. See the table below for a summary of each month’s ending balance and return. ...

1Feb

By X ManNo Comments

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The Modified Trading Strategy: Month 9

Yesterday, January 31st was the last trading day of the month. Tesla has been replaced, so I sold the one share for $934.30. With the cash of $71.48 which was left over from December's sale of the Nvidia stock, I have a grand total of $1,005.78. I started testing this strategy with $1,001.66 on May 3, 2021 so this strategy has earned a return of 0.4 percent over the last nine months. All the previous gains were given back and the initial investment amount is basically unchanged. See the table below for a summary of each month's ending balance and return. (adsbygoogle = window.adsbygoogle || []).push({}); The New Top Stock for February The new top performing stock of the S&P 100 for the last six months is ConocoPhillips. Today, I will...

The Modified Stock Strategy: 8 Months In

3Jan

By X ManNo Comments

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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 ...