October 2024 Summary – Outperformance increases

All Model Portfolios are ahead of their respective benchmarks for the 2023-2024 period.

The Quant Alpha’s is now up over 113% for 2023-2024 and continues to destroy its benchmark EQAL by 93%. This is a substantial increase in outperformance since last month. Active outperformers POWL, ANF , APP and CLS account for some of this Alpha. They are up +378%, +162%, 334% and +192% respectively.

The BI-Weekly Swings is now up over 70% for 2023-2024 and crushing its benchmark BSMAX by 45%. This is an increase in outperformance since last month. Active outperformer includes VIRC, RAIL and HRTG. They are up +89% , 99% and 57% since added.

The Small Cap Discoveries is now up over 57% for 2023-2024 and continues to outperform its benchmark IJR by over 37%. This is an increase in its outperformance since the last monthly update. Active outperformers HRTG, FLXS and HBB account for some of this Alpha. They are up +175%, +81% and +62% respectively.

CANSLIM Growth is now up over 45% for 2023-2024 and easily beats its benchmark BSMAX by over 30%. This is a substantial increase in outperformance since last month. Active outperformers NCLH and TZOO contributed +44% and +43% respectively.

The Large Cap Stalwarts is now up over 38% for 2023-2024 and is now outpacing its benchmark RSP by 15%. This is an increase in its outperformance since the last monthly update. Active outperformers RCL and LDOS contributed +46% and 42% respectively.

The Mid Cap Flyers is now up over 35% for 2023-2024 and is now outpacing its benchmark MDY by 9%. This is an increase in its outperformance since the last monthly update. IAG is the best outperformer. It is ahead +54% since added on 6/7/24.

This month in the stock market was a negative month for the indexes we use as benchmarks. RSP (S&P 500 Equal Weight ETF) -1.6% with MDY ( S&P MIDCAP 400 ETF) -0.7%, IJR (S&P Small-Cap ETF) -2.6%, EQAL (Russell 1000 Equal Weight ETF) -0.8% and BSMAX (Russell Small/Mid-Cap Index) -1.2%.

Model Portfolios for SwingTrader.Trading performance to date.

Performance 01/01/23 to 10/31/2024

Quant Alpha’s *113.68%
EQAL (Russell 1000 Equal Weight ETF) *19.96%
BI-Weekly Swings70.06%
BSMAX ( Russell Small/Mid-Cap Index Fund)24.87%
Small Cap Discoveries57.53%
IJR (Small Cap benchmark)19.62%
CANSLIM Growth45.07%
BSMAX ( Russell Small/Mid-Cap Index Fund)24.87%
Mid Cap Flyers35.60%
MDY (Mid Cap Benchmark)26.05%
Large Cap Stalwarts38.46%
RSP (Large Cap benchmark)23.43%

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Portfolio Summary for SwingTrader.Trading

The October 2024 end-of the-month results shows continuing dramatic outperformance of the Model Portfolios. Led by Quant Alpha’s Portfolio up +113%. One year ago, Quant Alpha was at +9%.

October 2024 month end

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