9 One thousand apologies for my delayed post on this matter; however these stocks were purchased Friday whilst driving east through the cornfields of western Iowa on Interstate 80.
I hope you can pardon my tardiness.
For July, data from The PPT was gathered and led me to accumulate positions in the following stocks (purchase price):
- $ARMH (23.79)
- $BPL (52.30)
- $SPWR (4.79)
As with last month, the goal is to sell after a 3% appreciation in price from the cost basis for each stock.
For the uninformed, my initial foray into the this experiment started with a 10% account equity chunk, spread evenly in three stocks in June. You can read the results of that journey here. The abridged version of those results are: +3.28% for the month.
For July (and each subsequent month), I will be rolling with wherever my original 10% account equity ended the prior month.
For example, let’s say that I started June with 100,000. My June trades would have left me with 103,280. Thus my July positions will be equal to 103,280/3…and so it goes, from here on out. Pretty simple.
One addendum to the strategy: I am putting in a hard 10% stop on each position.
One more thing. $SPWR was closed this afternoon at 4.96, clocking in with a gain of +3.5%. So, fucked-face (you know who you are), I’m still waiting to have “my ass kicked by the market” for deploying this strategy. In the meantime you can go eat a bag of dicks.
That is all.
Oh, one last thing: moving sucks.
My best to you all.
-EM
9 Responses to “July Seasonality is Underway”
redman59
Awesome, thanks for the update on this strategy.
schadenfreude
LOL!
I think “The Fly” banned that jackass.
elizamae
Heh, I saw that. Is there a difference between being banned and the iBC prison?
Nevertheless…I have zero tolerance for unwarranted disrespect.
John Silb
I think you have to go into your settings to ban me from leaving comments.
But, hey, congratulations again on underperforming a simple buy-and-hold strategy during June. You’re on your way. lol.
Kid, you’re gonna be your own worst enemy.
MX2101
Sounds like a nice place to drive.
Enjoy your journey and travel safe.
John Silb
“I’m still waiting to have “my ass kicked by the market” ”
Uh, let’s see…. SPY was up 4.06% for the month, and you were up 3.28% for the month. Looks like you don’t have to wait any more.
You’re a moron. And every single reference you make to your personal life still bores the living shit out of me.
elizamae
Haha, I bore the living shit out of you, yet you continue to read my blog? That’s hilarious, champ.
I can’t believe that I’m wasting my valuable time replying to you. This will be my last communication and reference to you.
Ever.
Go fuck yourself.
John Silb
Ah, Grasshopper…when you figure out why a guy who’s been in this game forever spends time reading your blog, while you want nothing to do with him…then you will have a chance.
Hey, have fun living in Mom’s basement.
John Silb
You don’t know what it is that you don’t know, kid. Do yourself a favor. Shut up for five or six years, listen, and learn.