Aug. 24 at 12:49 PM
$TMO $IYH $SPY $RSP $DHR
quant-builder.ai
Story is kinda the same. Buying solid dips over the next few weeks. The interest rate volatility might cause some sharp pullbacks, but we could get a ripping rally on any good news on rates. So, I'm going to nibble on each dip, try and get a little more invested, and trade the stocks in the models.
For today at least I am dropping the Tech model I have been using, although I will want to get involved. I have my QB500 and Healthcare models pulled up. Ranked. There are actually a few tech names on here from the QB500 model so that's good enough.
Healthcare still has high confidence and lots of picks, with TMO as the top pick, and it's on the verge of breaking out from a long-held resistance level. I own some, keeping some take profit takes tight in case it fails as well as a trailing stop.
Good earnings, the Iran war is a known unknown, everything else we know. Inflation is sticky, the Fed may have to raise rates, the rates have been adjusting for that, jobs okay, and still an insane amount of infrastructure investment over the next 6-12 months. There really is no new economic news, just headline news and interest rate volatility.
The first image is Today's Picks from those two models. Combined list, ranked by confidence. 41 deduplicated picks. TMO at the top then DHR, BIO, SYK. Tech is still on the page through QB500: SMCI, MU, ASTS.
The second image is a history of these two models combined. Had you just opened Today's Picks every day and bought the top 20 at 1% per position at the opening price, used a −5% stop, and held through the target date, this is how it would perform. I don't do that exactly. I nibble, I skip names, I take profits etc. But, I do not just cherry pick one name and oversize it. Trade in batches with proper positions sizes.
