How this Week’s Premium Top 10 Performed, October 11, 2024

• Posted by Greg Harmon
• on October 11th, 2024

Each week I post the performance of the stocks that were given to subscribers the previous Sunday. All performance is measured against the plan given to subscribers.

Seven of the 10 trades triggered this week, and 3 were closed before the bell Friday. That left trades open in Arch Capital Group, Pure Storage, Discover Financial and Shopify. Two trades were closed at break even and 1 for a loss. An equal weight portfolio lost 2.9bp on the week, using 70% of capital. This lost to the SPY and the QQQ but beat the IWM. There are no triggers, stops or targets measured in the index ETF performance. Here is this week’s rundown:

The Premium Service does not advocate an equal weight allocation, but uses it as one way to measure performance. Equal Weighted Investment Yield assumes a buy at 1/10 portfolio size for each stock that triggers and accounts for stop loss triggers in the trade plan presented to subscribers (i.e. your performance would be better). If the security is labeled no trigger then our trade plan would not have executed a trade (i.e. you would have had no position).

Equal weight year to date performance is +24.92%.

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If you like what you see above sign up for deeper analysis and trading strategy by using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits page.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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