Before I give you today's momentum rank I wanted to show you the results of our 1st day.
Here's the momentum rank from yesterday:
I have a template already made (let me know if you want a copy) that helps me determine the number of shares I need to buy for my position sizing. It looks like this:
- NO THOUGHT WAS GIVEN TO ENTRY PRICE. I just bought right away at the market open.
- Aside from checking whether the Index was above SMA 200 or not, I did not check the charts of the stocks I bought.
Here were the stocks after buying this morning:
And here it is after End-Of-Day Feb. 1, 2018.
So the next time I'll post an update about this virtual port will be next Thursday, since we will only be checking the port once a week and see if any of our holdings have been removed from the momentum ranks.
As promised, here are the Momentum Ranks for End-Of-Day Feb. 1, 2018.
Caveat and God bless!
No comments:
Post a Comment