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What happened this week
The list performed poorly this week which was the biggest decline in its six weeks of being concentrated in one fund. This was also the week of the US election where the market moved dramatically from day to day.
On Monday, the list continued to be one fund, that was outside the stock market for a sixth week as the conditions still were unfavourable for stocks.
The fund dropped in value on different days than the market did. The fund dropped by about 1% over the Monday and Tuesday combined, then dropped most of the week's losses on Wednesday when the market rose. Thursday the market dropped more than four percent in a day and the fund edged up. By Friday the fund was down 4.0 percent and the market was down 3.0 percent. The list stayed unchanged through the week, as it only updates on Mondays.
My job for this week was to ensure that the portfolio remained unchanged midweek, but continue to follow the strategy. Some weeks aren't easy and it's impossible to predict exactly what the market will do next. What I can control is consistency to follow the same process next Monday. Of the 6 weeks the fund is down 3 and up 3 with this week dropping more than the portfolio increased in Oct.
The record
I have a portfolio on Dub that is currently at $59,942 (almost double the value of $30,000 that I started it with on 12 Jan) but dropped $2,504 this week from the Monday open. This portfolio is my own money that is fully transparent on Dub for anyone to see the trade history.
Next Monday
The system makes the decision to remain in the fund or to go back into the stock market on Monday. It scans the market again on Monday morning before the market opens and the list goes in the direction of that scan.
The weekly recap above will always be free to share the results transparently, and the performance is publicly available on Dub. On Monday the system score about 2,000 US equity stocks to selects a new portfolio to hold for the week.
Paying subscribers get the full list of 10 positions, their exact weights and their stops, which are the same I also use for my own capital that morning, before the market opens. Upgrade to see the exact positions I hold on Monday, before the market opens, and that you can follow in just 30 minutes (see a previous Monday’s full email here)