Quant Alpha’s Update 08/09/2023 – Outperformance continues

The Probationary Portfolio Quant Alpha’s was updated this morning. A new Add was made. All prices are as of 08/09/2023. A total of 13 stocks are in the Portfolio now.

Quant Alpha's Portfolio 2023 performance to date.

Add – AMPH – Amphastar Pharmaceuticals

Since the last update of this Portfolio on 7/27/23, STRL has gone up dramatically. It was the stock added on 7/27/23. They announced earnings on August 7 and apparently Wall Street thought they were swell. In the Quant Alpha’s Portfolio, STRL is currently up 33%. SMCI also announced their earnings on August 8 and on the surface they look very strong. However, Wall Street decided they didn’t like something about the earnings and sent the stock plunging. But in the Quant Alphas’s Portfolio the stock is still up 143% since it’s addition on 4/14/23.

Quant Alpha’s Performance this year to 08-09-2023

Quant Alpha’s+40.5%
EQAL – Invesco Russell 1000 Equal Weight ETF+4.4%
Quant Alpha’s

In the four Model Portfolios, Mid Cap Flyers, Small Cap Discoveries, CANSLIM Growth and Large Cap Stalwarts, the current stats are below.

Performance 2023 to date

Small Cap Discoveries+21.0%
IJR – Small Cap ETF Benchmark+8.3%
Small Cap Discoveries
CANSLIM Growth+24.6%
IJR – Small Cap ETF Benchmark+8.3%
CANSLIM Growth
Mid Cap Flyers+10.5%
MDY – Mid Cap ETF Benchmark+10.0%
Mid Cap Flyers
Large Cap Stalwarts+1.0%
RSP – Large Cap ETF Benchmark+7.2%
Large Cap Stalwarts
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