This week in the stock market was a good week. The SPY was +1.9% with MDY +2.6% and IJR +3.2%, for the week. The big story this week was the agreement in congress to extend the debt ceiling until early 2025. This will take the debt ceiling out of the headlines for about one year and 6 months.
The Mid Cap Model Portfolio is being adjusted this weekend. A Post will be generated Monday morning with the details.
The Small Cap Discoveries continues to outperform its benchmark for the year. CANSLIM Growth is also outperforming it’s benchmark IJR. The 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 | +3.8% |
| IJR – Small Cap ETF Benchmark | +2.6% |
| CANSLIM Growth | +6.9% |
| IJR – Small Cap ETF Benchmark | +2.6% |
| Mid Cap Flyers | +1.4% |
| MDY – Mid Cap ETF Benchmark | +3.5% |
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Model Portfolio Compounded Percentage
| Mid Cap Flyers | 2072% |
| Small Cap Discoveries | 22273% |
| CANSLIM Growth | 5776% |
| MDY – Mid Cap | 322% |
| IJR – Small Cap | 422% |
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