Week In Review 2-22-08

Well, that week sucked. My screens all did better than I did. I completely over traded this week and my portfolio shows it. I've got stocks from four different "systems" in my portfolio now and I've got so many that it is getting difficult to remember why I bought each one. Stupid. I know better, but I get so desperate to make money sometimes that I grasp at anything that looks like it will work. Like always, I ended up hurting myself much more than helping.

The Zweig MACD portfolio continues to lead the pack this year with another good showing of 3.32% this week. The best stock in the portfolio was WFR at 7.37%. The worst was KEX with a loss of 2.11%. The screen picked 11 stocks.

The Zweig Relative Strength top 5 made 3.37% for the week.

Zacks & Zweig lost 1.36% and had 3 picks--ANDE, KEX, WW.

The To The Moon screen lost 1.59%.

I'm adding the Zweig MACD screen to the side bar because I think it has potential. We'll see.

My portfolio is down nearly 14% which means I've lost nearly half of the 40% I made last year. I guess I shouldn't look at things that way, but I can't help it.

Combining Zweig Screen with MACD Indicator

I really like the MACD indicator even though I usually don't use it in my trading. Since 2004 I've tracked the highest relative strength stock in the Zweig screen and also tracked the same stock and only buying if the MACD is bullish.

Since 2004 and rebalanced weekly that one stock has made 3723%. That's pretty good and worth a look, but the MACD indicator helped to produce a 7553% gain over the same period. That's even better.

I don't know why, but I have never tracked a modified Zweig screen buying only stocks with a bullish MACD. I started to track this this year and so far the results are promising. YTD that screen is down only .08% compared to heavier losses in my other screens (and in the indexes). I look forward to having a few years of data under my belt so I can see if the MACD "qualifier" has potential.

If you are interested in the MACD indicator, Zacks Research has a good article here.