Author: Ronald Guerrini
Covestor model: Breakouts and Reversals
May was a poor month for the model portfolio. May saw a continuation of the downtrend established in April. The model kept taking on long positions when it should have been short or in cash.
The market experienced a fairly large pull back during the month of August and the portfolio did experience a decline but not nearly as much as the benchmarks, the S&P 500 and XLF, and slightly more than VNQ. Get your FREE weekly summary of Andy Schornack’s trades and performance here.
Buying on the dip makes sense in this volatile market.
The market has been off to a roaring start in 2013, but may have topped out.
Author: Amin Khakiani, Focal Point Management Models: Quantitative Hedging and Quantitative Broad Index Focal Point Management is a California-based SEC registered investment advisor […]
