KRIDER WEALTH MANAGEMENT – James C Krider, MD
Momentum Stock Universe
The momentum stock portfolio is created by Dr. James Krider and is valid for three months from the date of creation at which time it is closed. The performance of the “momentum universe” is NOT representative of Dr. Krider’s actual performance. This is a list of stocks from which stock positions are considered. The overall performance of the momentum portfolio is reported purely for demonstration of how this group of momentum stocks perform relative to the entire S&P 500 for the same period.
As of 3/10/17 all stocks have stopped out and this portfolio is closed to trading. This portfolio demonstrated two advantages of this type of trading. ONE – this represented a defensive “value” portfolio in response to the Trump election. Value stocks do not perform as well as momentum stocks in a bull market. The SECOND point is that with 20 stocks invested with a total of $80,668 to total loss was only $926, just a little over 1%. Not bad for limiting losses!
OPEN & CLOSED POSITIONS – As of 3/10/17
The “Max Shares” and “Invested” columns assume a bank account of $100,000. Adjust your shares accordingly. Be sure to set your trailing stop and follow the portfolio trading rules as outlined.
The trail amount and stop loss price has been recalculated as of 1/13/17 to reflect a tightening economy. There has been a change in allowed max share amount as a result of the reduced stop loss.
James Krider, MD
Dr. James C Krider is a practicing family physician in Apple Valley, CA. Dr. Krider is a licensed insurance agent in the states of California (0I65488) and Nevada specializing in Medicare Advantage and Life insurance.