We ran the model on yesterday's market close data...here is what we found.
1) Actual Russell 2000 (ETF $IWM) return = 3.98%
2) ALL ASSET PORTFOLIO - equally weighted
Expected Return = 15.75%
3) All Stock Variance = 0.0001105
There are types of stocks in the top 50 "UP" individual stock list (the top 50 CQNS scores for individual stocks):
1. High risk: $MARA $EQOS $SI
2. Technology growth in semiconductor mfg: $AOSL $ACLS $UCTT $LSCC $AMAT $NVDA $ON $LRCX $KLAC $NXPI
3. Utilities and slow movers: $SOLN $FTS $DCUE $EQC $PNM $SO $WCN $BRK.B $RY
4. Consumer-related (discretionary & CPG): $KO $PEP $PG $VZ $JNJ $HSY $CL $MCD $MDLZ
5. Then, at #10: $GRWG: GrowGeneration Corp (we have a long position in this stock).
There are stocks that have super-high closing price variance. These are 'broncos' that you have to strap onto and ride as they move so aggressively.
Super high variance (on a normalized basis): $SI $GRWG $SITM $NVDA $KLAC $STFC UPST $WULF $DISCB $LZ $CYT $MOXC $BTX $PTSI
A few key points we found outside the model:
1. Energy prices are still high and climbing. This portion of CPI or consumer inflation is not retreating, regardless of the moves with monetary policy. This will require real actions taken in the real economy (boots on ground, rigs and pipes).
2. Small capitalization stocks are largely trading lower vs. a year ago. Small caps are either a contrarian play, a value play, or a way to lose your money if you are long these stocks (which we are).