Pre-Independence Day Edition
We normally post our top ten names on Thursdays, but since the market is closed tomorrow for U.S. Independence Day, we're posting them today.
Our Core Strategy
Our core strategy is to buy equal dollar amounts of the Portfolio Armor web app’s top ten names, put trailing stops of 15%-20% on them, and replace them with names from the current week’s top ten when we get stopped out of a position [We got stopped out of a top name from last year, PulteGroup (PHM 0.00%↑), for a 52% gain earlier this week, so I plan to buy one of this week’s top names on Friday].
A Top Names Performance Update
Before we get to this week’s top ten names, let’s look at the final, 6-month performance of our top ten names from December 28th.
Over the next six months, our top ten names from December 28th were up 14.3%, on average, versus up 14.54% for the SPDR S&P 500 Trust (SPY 0.00%↑).
So far, we have 6-month returns for 53 weekly top names cohorts since we started our trading Substack at the end of December, 2022.
And as you can see above, our top names have averaged returns of 23.29% over the next six months, versus SPY’s average of 12.86%. You can see an interactive version of the table above here, where you can click on each date and see a chart showing each of the holdings that week.
This Week’s Top Names
Below are Portfolio Armor’s current top ten names as of Wednesday’s close.
Read the rest here.
If you'd like to stay in touch
You can scan for optimal hedges for individual securities, find our current top ten names, and create hedged portfolios on our website. You can also follow Portfolio Armor on X here, or become a free subscriber to our trading Substack using the link below (we're using that for our occasional emails now).
