Week End Summary 04/16/2023 – SwingTrader.Trading

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%
Small Cap Discoveries
CANSLIM Growth+2.4%
IJR – Small Cap ETF Benchmark+0.7%
CANSLIM Growth
Mid Cap Flyers-1.4%
MDY – Mid Cap ETF Benchmark+2.6%
Mid Cap Flyers

Model Portfolio Compounded Percentage

Mid Cap Flyers2072%
Small Cap Discoveries22273%
CANSLIM Growth5776%
MDY – Mid Cap322%
IJR – Small Cap422%
BackTest 2004 thru 2022 of all four Model Portfolios with Benchmarks

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