Megacap Returns

Description

S&P 500 constituents. Names are ranked on the positive-head score together with price against analyst target. Holds up to 8 names for 12 to 17 days, with a 15% stop-loss on every position.

Strategy

Equal capital is invested in every stock recommendation. Recommendations are published a few hours before the open, and each one is placed as a market order with a 15% stop-loss attached, so buys and sells fill at the opening price. If the price touches the stop during the day, the position is sold there, at 85% of its entry price. Positions are held for 12 to 17 days. Reported returns are measured from those opening prices and include every stop-loss exit.