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Top And Bottom Performing Stocks For Week #44

It is Sunday afternoon and that means we get to review the performance of last week’s historical top and bottom stock symbols in the S&P 500. As you may recall these symbols are the result of parsing a database containing over 50 years worth of statistical performance data. The idea is to extract the prospective top ten winners and losers of the coming week purely based on historical statistics. The result is then sorted by liquidity and any symbol that is scheduled to report earnings or pass ex-dividend is being excluded.

How To Trade Along

Although being no guarantor of success, the long and short candidates posted here each week are intended to perform along their respective historical bias. One way of trading along would be to simply create a small one-week portfolio by buying the long candidates and selling the short candidates on Monday morning shortly after the open. There are no official stops or targets and all transactions are reversed Friday afternoon right before the bell.

Results For Week # 43

Alright, so this week the longs got it on the chin but for some strange reason although being an up week the shorts pulled it out for a juicy total of 30.28%. Again, this is a respective log return (percentage of change) combined, it does not represent a 30.28% gain in total profits. Of course it could be if you would have deployed your entire trading capital equally across last week’s symbols (i.e. 5% each). If it was only 10% then it would be a gain of 3.03%, excluding commissions and other trading cost. And even that would be a nice chunk of change for one week’s of work.

Long Profits: TWX=-2.99, FTR=1.47, BBBY=-5.4, PDLI=-12.86, BRO=0.73, STE=1.71, MTX=0.9, STBA=2.17, EXPO=3.25, ENZ=3.21

Long Profits Total: -7.81

Short Profits: GE=12.76, PFE=2.25, MRO=0.86, RAD=11.8, NKE=-5.47, ABT=1.69, HL=4.8, WMT=-0.83, CVS=9.81, MYL=0.42

Short Profits Total: 38.09

Combined Profits Total: 30.28