Zacks' Voice of the People Highlights user JohntheWizard: "Small-Cap Rally Continues This Week" from the People & Picks community.
For more Voice of the People, visit http://at.zacks.com/?id=5851
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Small-Cap Rally Continues This Week
Contrary to what I expected, on Monday my 40 best ZR#1 Small Caps rallied 0.89% and my total pack of 293 Small Caps did 0.45%, practically twice as good as the S&P500 (0.25%) indicating a continuation rather than a consolidation of last week's Small Caps rally of already 0.9%. There was indeed some profit taking on my 162 Mid Caps (-0.25%) with no action on my Large Caps, leaving my P&P500 -0.05% (-30 points) behind the S&P500.
My own 24 Small Caps did wonderful (2.5%) although I “only” made 1% real life due to large slippages. I tend to buy the stocks that open with a large gap at market close.
There has been a lot of talk about Gold, Silver and Non-Ferrous Mining. I designed a strategy of the 12 best of this pack selecting only the ones with a Market Cap in excess of $300 Million. Presently, there are about 45 of those mining companies in Zacks' Dbase, but back in 2000 there were only 7. The total pack compounded 23%/year since December 1999. Its real “explosive rally” came from March 2009 onwards, compounding 83%/year.
During that relatively short period of time, the number of mining companies in my pack grew from 30 to 45, by 50%! If I select the 12 best of those, these rallied 145%/year since March 2009, YTD 105%. Nothing to be ashamed of. Yesterday, Paramount Gold & Silver (PZG), a Gold miner was the best in this mining pack and did 16.8%. The worst performer was International Tower Hill (THM) with -1.9%.
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more visit http://www.PeopleAndPicks.com
Zacks Investment Research
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Featured Post
Small-Cap Rally Continues This Week
Contrary to what I expected, on Monday my 40 best ZR#1 Small Caps rallied 0.89% and my total pack of 293 Small Caps did 0.45%, practically twice as good as the S&P500 (0.25%) indicating a continuation rather than a consolidation of last week's Small Caps rally of already 0.9%. There was indeed some profit taking on my 162 Mid Caps (-0.25%) with no action on my Large Caps, leaving my P&P500 -0.05% (-30 points) behind the S&P500.
My own 24 Small Caps did wonderful (2.5%) although I “only” made 1% real life due to large slippages. I tend to buy the stocks that open with a large gap at market close.
There has been a lot of talk about Gold, Silver and Non-Ferrous Mining. I designed a strategy of the 12 best of this pack selecting only the ones with a Market Cap in excess of $300 Million. Presently, there are about 45 of those mining companies in Zacks' Dbase, but back in 2000 there were only 7. The total pack compounded 23%/year since December 1999. Its real “explosive rally” came from March 2009 onwards, compounding 83%/year.
During that relatively short period of time, the number of mining companies in my pack grew from 30 to 45, by 50%! If I select the 12 best of those, these rallied 145%/year since March 2009, YTD 105%. Nothing to be ashamed of. Yesterday, Paramount Gold & Silver (PZG), a Gold miner was the best in this mining pack and did 16.8%. The worst performer was International Tower Hill (THM) with -1.9%.
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more visit http://www.PeopleAndPicks.com
Zacks Investment Research
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