Portfolio performance for the week ending April 15th...

So this week the energy and commodity sectors were particularly weak.  With the model over-weighting these based on the recent past performance, the portfolio was down compared to the SPY, and the model has underperformed since we started 2 weeks ago.

With last weeks performance, the model has underperformed the SPY by about .75% over the last two weeks.  This is the originally purchased portfolio which is traded on a monthly basis (other than any 40 week moving average violation).

The portfolio that updates on a weekly basis had slight underperformance compared to the original.

With the energy and commodities under-performing, I would expect either continued weakness and perhaps an intermediate top, or to see a reversal.  However, I don't trade on feelings, I wait for signals and over the long term plan to outperform and maintain capital.

BTW, I am also looking at trading off the 20 week moving average, as back tests have shown that at the expense of more trades and a lower win percent, both returns are increased and drawdowns are lessened.  This will be a topic for a future post.

Portfolio performance for the week ending April 8th...

The first week of the portfolio holdings showed slight out-performance compared to the SPY.  This is calculated as a week ago Friday close to Friday close.

Granted this was a slight difference, but over time, a weekly 25 basis point performance comes to over 12% annualized.  I am tracking several portfolios concurrently, one that trades once a month, and one that trades weekly.  I will give weekly updates to this portfolio even if it only trades once per month (other than the automatic stop level at the 40 week SMA).

If you were to start a new portfolio this month, or trade weekly, here is the weekly portfolio:

And here are the top performing asset classes:

Compared to last week, the Domestic Large Cap and the Value / Growth Strategies swapped places.