This week in the stock market showed a steady rise. Not much in the way of news. But we have started the earnings release season and that should generate some fireworks. The SPY was Up +0.8% with MDY Up +1.7% and IJR Up +1.2%, for the week.
The big change this week on SwingTrader.Trading was the removal of the My Guru’s Model Portfolio. As detailed in this post earlier in the week, one of the key Guru’s providing selections in the portfolio decided to step down and was replaced with an untested rookie. In this type of situation, no new advice should be taken from the rookie and the open positions should be sold as you deem appropriate.
There were no adjusts made to the three Model Portfolios this week.
The Small Cap Discoveries continues to outperform its benchmarks for the year. CANSLIM Growth made progress this week and is now outperforming it’s benchmark IJR and Mid-cap Flyers continues to lag its benchmark MDY.
In the three Model Portfolios, Mid Cap Flyers, Small Cap Discoveries and CANSLIM Growth, the end-of-week stats are below.
Performance 2023 to date
| Small Cap Discoveries | +8.8% |
| IJR – Small Cap ETF Benchmark | +0.7% |
| CANSLIM Growth | +2.4% |
| IJR – Small Cap ETF Benchmark | +0.7% |
| Mid Cap Flyers | -1.4% |
| MDY – Mid Cap ETF Benchmark | +2.6% |
SwingTrader.Trading is dedicated to bringing you three Model portfolios to demonstrate that Swing Trading can be profitable. Please visit my site. Have yourself added to my email mailing list to be signaled when I make a new blog post, HERE.
Model Portfolio Compounded Percentage
| Mid Cap Flyers | 2072% |
| Small Cap Discoveries | 22273% |
| CANSLIM Growth | 5776% |
| MDY – Mid Cap | 322% |
| IJR – Small Cap | 422% |
All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. Disclaimer

