This month in the stock market was a very negative result month for the indexes. The SPY was -4.0% with RSP (Invesco S&P 500 Equal Weight ETF) -4.8% with MDY -6.0%, IJR -5.5% and BSMAX (iShares Russell Small/Mid-Cap Index) -4.8%.
All Model Portfolios are now all ahead of their respective benchmarks for the 2023-2024 period.
The Quant Alpha’s is now up over 87% for 2023-2024 and continues to destroy its benchmark EQAL by 77%. Active outperformers SMCI, POWL and ANF account for some of this Alpha. They are up +688%, +168% and +141% respectively.
The BI-Weekly Swings is now up over 62% for 2023-2024 and crushing its benchmark BSMAX by 47%. Active outperformers are HRTG and VIRC. They are up +55% and +43% respectively. Outperformer AMAL was Removed in April for a +35% gain.
The Small Cap Discoveries is now up over 49% for 2023-2024 and continues to outperform its benchmark IJR by over 38%. Active outperformer HRTG accounts for some of this Alpha. It is up +91%. VIRC was Removed in April with a +60% gain.
CANSLIM Growth is now up over 39% for 2023-2024 and easily beats its benchmark BSMAX by over 23%. Active outperformer CSWC was up 40%. Outperformers NSSC and AMAL were removed in April. They are up +128% and +52% since added.
The Large Cap Stalwarts is now up over 22% for 2023-2024 and is now outpacing its benchmark RSP by 8%. Outperformers META and AMZN were Removed in April. They were up +38% and +24% respectively.
The Mid Cap Flyers is now up over 20% for 2023-2024 and is edging out its benchmark MDY by 2%. Active outperformers are PTVE and GPS. They are up +43% and 46% respectively. Outperformer SMTC was Removed in April. It was up 45% when dropped.
YOUTUBE Swing Trader Trading Channel
Performance 01/01/23 to 04/30/2024
Backtests for the Model Portfolios
The end-of the-month results shows continuing dramatic outperformance of the Model Portfolios. Led by Quant Alpha’s Portfolio up +87%. Despite the rather large selloff in the stock Indexes, the Model Portfolios tracked here held up pretty well. They are all ahead of their respective benchmarks since going live in 2023. In the case of CANSLIM Growth, Mid Cap Flyers and Large Cap Stalwarts, they even widend their outperformance against the benchmarks in April. After the explosive outperformance in Quant Alpha’s, BI-Weekly Swings and Small Cap Discoveries from the end of January 2024 to the end of March 2024, it is little wonder that a during this index selloff in April, these Portfolios gave back some gains. All is well with the Model Portfolios. I am looking forward to more upside in the months to come.
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