How This Week’s Top 10 Performed August 5, 2016

• Posted by Greg Harmon
• on August 5th, 2016

Every month following Options Expiration I post performance metrics of the Dragonfly Capital Model Portfolio. This includes all trades that I entered over time. What it does not include is the one’s I miss for whatever reason (getting lunch, going to the bathroom, etc….). So 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.

8 of the 10 triggered this week, and 3 remained active at the close Friday, Crown Castle, Red Hat and LKQ, with an asterisks in the picture. 3 long trades triggered and then were stopped for a loss, 2 advanced enough to raise the stops and then were stopped out flat. Some shake ‘n’ bake triggered several early and stopped them early. A nimble trader could have gone a second round with many (KSU, ASH and MRK) for big gains. An equal weight portfolio lost to the SPY, IWM and QQQ this week. There are no triggers or stops or targets measured in the index ETF performance. Here is this week’s rundown:

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). Short position performance is calculated opposite of security movement. If the security is labeled no trigger than our trade plan would not have executed a trade (i.e. you would have had no position).

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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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