The model portfolio is currently long [[JAG]] , Columbia Banking System, Inc. [[COLB]] , Opko Health Inc. [[OPK]] , [[APT]] , [[HLCS]] , and Stifel Financial Corp. [[SF]] .
Stifel Financial Corp. [[SF]] will be sold on today’s open.
Two new positions will be added on the open: Broadridge Financial Solutions, Inc. [[BR]] and FormFactor, Inc. [[FORM]]
This weekend I will begin posting all the backtested historical statistics for this system. Keep in mind that the blog has now posted 5 months of out-of-sample results for the Power Dip system.
Speaking of out-of-sample results, I looked through the early posts on Power Dip but didn’t see any backtest data. Did I miss it? It would be interesting to compare real-time with backtest results …
Thanks!
I’ve never really published a comprehensive set of backtest results. When I started tracking the system in real-time in public, I wanted the system to speak for itself, so to speak. I think it has done that.
What I can do this weekend is post the backtest results right up to the real-time out-of-sample inception of the system, and then post the out of sample backtest results to be weighed against the actual real-time results.
I already know there will be some differences, as occasionally the system will pick up something to trade that is not tradeable, and so I will manually exclude it, although it will show up in the backtest results.
Also, at some point I switched over from requiring a close >5 to requiring a close > 1 (less restrictive) as the penny stocks have been flying. So that also will be hard to account for when weighing backtest vs. real-time.
Look for it this weekend.
Hey Wood,
The backtested results you posted look great! There’s a problem with this post, though:
“Two new positions will be added on the open: Broadridge Financial Solutions, Inc. (BR: 20.23 -4.17%) and [[FORM]”
Thanks,
Michael
Michael, fixed it. Thanks!