Thursday, July 23, 2009

Update on Index

After about 3/4 of the month of July, the S&P is up 6.2% while the index I created is up 4.1%. Not a great start, but it will literally take years to find out if this strategy works. One thing that hurts the performance compared to the broad market is that the index is pretty much devoid of financial stocks while happen to have had a good run, or cyclical materials.

2 comments:

  1. The stocks being chased right now are largely recovery plays. Your index still has a good chance of outperforming later.

    ReplyDelete