For the week ended October 19, the long-term value portfolio gained 0.8% versus a gain of 0.3% on the S&P 500.
The long-term value portfolio is slowly closing the gap with the S&P 500's performance. The largest outperformance in the portfolio came from the coal space, namely Cliff Natural Resources and Walter Energy. The portfolio also benefited from gains of from relatively new additions including Key Energy Services, Allegheny Technologies, and Nortel Inversora, all gaining north of 4%.
As a reminder, the long-term value portfolio is constructed using my long-term technical model at its base, which is designed to help time entry points into stocks with good long-term upside potential. I also employ various other criteria on top of the technical outlook as risk control. The portfolio is designed to be a low turnover portfolio and will attempt to accrue steady gains over time.
The long-term value portfolio is slowly closing the gap with the S&P 500's performance. The largest outperformance in the portfolio came from the coal space, namely Cliff Natural Resources and Walter Energy. The portfolio also benefited from gains of from relatively new additions including Key Energy Services, Allegheny Technologies, and Nortel Inversora, all gaining north of 4%.
As a reminder, the long-term value portfolio is constructed using my long-term technical model at its base, which is designed to help time entry points into stocks with good long-term upside potential. I also employ various other criteria on top of the technical outlook as risk control. The portfolio is designed to be a low turnover portfolio and will attempt to accrue steady gains over time.
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