JPM - Week 8 Breakout Forecast: Short-Term Picks To Give You An Edge
Breakout Stock Portfolio 2019 results YTD
Cumulative Weekly Max Gain YTD: +48.08%
Cumulative Gain by Friday of the Week: -9.98%
This week 3 out of 4 stocks reached their highs at the end of the week. Until this past Week 7, the selling of the breakout stocks prior to the end of the fixed 5-day holding measurement period was the most profitable 1-week strategy. This change could be a positive sign that investors are becoming more confident in holding positions over the weekend. Also, as I monitor results for optimal holding periods over multiple weeks