Did you get a chance to read per the VectorVest views in regards to the Growth Portfolio on the 22nd of February 2019?
Since then, it has powered on further as we continue into further days into the Confirmed Up signal.
Since then, TPW is now up to 10.83%, CCX is at 45.85% and NEA.AX is at 60.72% and RHP.AX is at 35.41% (as of 7 March 2019).
For those of you who missed the essay:
THE GROWTH PORTFOLIO POWERING AWAY.
Written by: Robert and Russell Markham (22 February 2019).
I originally wrote about the Growth portfolio back in the VectorVest Essay on 29 December 2017. If you have not already done so, you may wish to check out the Essay.
The Growth Portfolio is doing exactly what it is designed to do, find growth stocks in favourable market conditions and protect you in the down markets. The portfolio re-balanced itself in November 2018 through to January 2019 as the market corrected and stop-losses were triggered.
Since then, the Growth Portfolio has loaded up on growth stocks in January and February this year with some of the recent acquisitions include:
01 Feb, TPW.AX: – As of 20 Feb: 4.45%
22 Jan, CCX.AX: – As of 20 Feb: 39.64%
11 Jan, NEA.AX: – As of 20 Feb: 44.93%
10 Jan, RHP.AX: – As of 20 Feb: 24.19%
The Growth Portfolio makes use of the Southern Comfort/AU search, housed in the Searches – Precision Trading group in the UniSearch tool. As this name implies, the search is after smooth and steady performing stocks. This search is looking for stocks between $1 and $5 and finds those stocks that are ranked in the top 50 VST stocks, with at least 50,000 trades a day on average. The stocks are then sorted by Comfort Index (CI) DESC, to ensure the smoothest left to right stocks that meet the above criteria are identified.
Back in the VectorVest Essay on 29 December 2017, I noted that the portfolio was up 319.62%. As of 20 February, the returns are now 411.62% since 2012. If you click on Reports and then select Summary Report, note that the Gain/Loss (YTD) is 18.28%.
This is another Portfolio that has got off to a great start for 2019. Is the Growth Portfolio just days away from hitting another all-time high? Chances are by the time you read this, the Growth Portfolio has already hit a new all-time high!
DISCLAIMER: THE ABOVE ARTICLE DOES NOT CONSTITUTE FINANCIAL ADVICE, PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS, YOU SHOULD CONSULT WITH YOU LEGAL, TAX, FINANCIAL, AND OTHER ADVISERS PRIOR TO MAKING ANY INVESTMENT.