How this Week’s Premium Top 10 Performed, August 30, 2024

• Posted by Greg Harmon
• on August 30th, 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.

Nine of the 10 trades triggered this week, and 4 were closed before the bell Friday. That left trades open in Perrigo, Abbott Labs, Expedia, Goldman Sachs and Honeywell. Three trades were closed at breakeven and 1 for a gain. An equal weight portfolio gained 32.9bp on the week, using 90% of capital. This beat the SPY, the QQQ and 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 +23.14%.

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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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