Trade Ideas: Follow up March 7th
Effectively a tale of two cities; appalling returns from my own stock picks over the week long period, strongest performances from JC's stocks, and consistent returns from the Trade Ideas picks.
DIET was the big loser, down 37% on the week following earnings. It wasn't much better for CIPH, down 16% on listless trading. Together they stung my average returns for a loss of almost 10%, my worst week yet. Even with the use of protective stocks, my picks are down an average of 5%.
For Jim Cramer, it was plain sailing; FNSR lifting his average returns to 3.88%. But like the Tortoise and the Hare, the Trade Ideas selection was able to keep a steady ship (a very low standard deviation), pocketing an average return of 1.52% per trade.
Markets all closed up on one of the better weeks for the ETF averages.
If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.
If you would like to Subscribe to my newsletter you can do so by ordering monthly, 6-month, or annual membership from the 'Quantity' box in the right-hand-margin.
If you would like to see Jim's picks you can tune into his TV show, or get them from Madd Money
DIET was the big loser, down 37% on the week following earnings. It wasn't much better for CIPH, down 16% on listless trading. Together they stung my average returns for a loss of almost 10%, my worst week yet. Even with the use of protective stocks, my picks are down an average of 5%.
For Jim Cramer, it was plain sailing; FNSR lifting his average returns to 3.88%. But like the Tortoise and the Hare, the Trade Ideas selection was able to keep a steady ship (a very low standard deviation), pocketing an average return of 1.52% per trade.
Markets all closed up on one of the better weeks for the ETF averages.
If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.
If you would like to Subscribe to my newsletter you can do so by ordering monthly, 6-month, or annual membership from the 'Quantity' box in the right-hand-margin.
If you would like to see Jim's picks you can tune into his TV show, or get them from Madd Money
