Wednesday, April 3, 2013

T2 Seeking Alpha Update..4.3.13

It's been 7 trading days since the last check on the Seeking Alpha stock based model, so here's the current state of affairs using a top 2 sort.
JNJ, WMT and KO continue to dominant the top 3 slots but both KO and WMT look overextended at the moment and the leader board may be about to change.
The SA model has performed well over most time frames although somewhat lagging on the 60 day.

On the 6 month chart the equity line has just crossed above the RSQ stop line and the P6 is upslope, so from a technical perspective the model is in a "risk on" mode (vested).  Today's market deterioration may result in at least a short term change in momentum however so caution is advised at this juncture. 

On the 2 year chart the equity line is above the RSQ but P6 is down slope..a situation that has not occurred since 7/5/11 to 10/5/11...which is another caution to scale back on positions and wait for a more opportune investment scenario.