Mike Webster: Cross Fire
Buys Mike Webster’s Crossfire screen in its original 2020 form: the stock is up at least 1.5 percent on the day and closes in the top fifth of its daily range, trades no more than 20 percent below its high of the past twelve months, and keeps its low for the day at least 1 percent above the weighted average price of the last 21 trading days. It costs at least 20 dollars, sees an average of at least 50 million dollars traded a day, and ranks in the strongest fifth of the market for earnings growth as well as for price strength, both overall and over the past three months. Only shares our own deep-dive analysis rates green are bought — yellow or no analysis at all is not enough. The check and any new purchase happen every trading day; a position is sold as soon as the price falls 15 percent below its highest level since purchase or the share is no longer rated green. If the list holds no green-rated share, the portfolio stays in cash.
This portfolio buys shares.
- Performance
- 0.00%
- Lead over QQQ
- −0.86%
- Largest drawdown
- 0.00%
- Win rate
- —
- Cash ratio
- 100.0%
- Portfolio value
- $100,000
Performance against the yardsticks
What the portfolio holds
Nothing is held at the moment — the entire capital sits in cash.
The rules of this portfolio
- Buys
- every trading day
- Stop-loss
- 15 % below the highest price reached
- Sells
- checked every trading day: rating turned red, stop-loss hit, holding period over, or the stock dropped out of the selection.
Every trade with its reason
The complete history of this portfolio, most recent trade first. It is never truncated — it doubles as the recommendation history required by Art. 4(1)(i) of Delegated Regulation (EU) 2016/958.
This portfolio has not traded yet.