Author: Ronald Guerrini
Covestor model: Breakouts and Reversals
June was a poor month for the model, which lost 1.9% for the month. The S&P 500 index (SPX) finished up 4.0% for the month. I misread the the bullish sentiment for the month and missed the major moves.
The mantra I adhered to – both while leaving Colgate and sitting at the trading desk – was first to take a deep breath, and then focus on the higher reality: we had planned for this and we were in a pretty good place.
With several possible sinkholes visible around the globe, we will still be looking for downside protection.
Here are some stocks I believe will perform well over the next decade.
Cheng Yuan manages Covestor’s Value with Catalyst model. Here he discusses his model’s performance in the month of July.
