As of 60 minutes in today the SPY is up 420 points in the last 2 days, while bonds are showing moderate weakness. Gold is also in a run up and our equities biased LM model is likely to show gains relative to TAQK in tomorrow's post. AAPL is up another 3% today, helping to push QQQ to almost equal gains.
On the volatility front VIX is down 13%, contributing to a 22% decline in the past 2 trading days.
One of the sites I frequent is Seeking Alpha. I use to contribute articles but the SA editorial team determined by submissions were "too technical" for their average reader to understand. Nuff said.
Here's their stock picks for a 2013 model portfolio.
I've plugged their "Starting Lineup" portfolio into T2 just for fun. We're not using LNCO because its only been live for 2 months...not long enough to develop metrics. Plus, I've used SPY as the benchmark which, because of the way T2 works, may actually become a rank 1 or 2 sometime during the year.
Again, this is just for fun. You can see how the top 1, 2, 3, etc of this portfolio pan out relative to our default model. And, you can play around with this thing and enter your own favorite stocks to see how they have fared relative to the Alpha picks.
