This is an update to our latest model portfolio report, 23 Stocks for February 2016.
For the month to date, both versions of our theoretical long model portfolios are down -4.99% and both versions of our theoretical short model portfolios are posting a gain of +5.27% for a net long/short gain of +0.28%.
In contrast, the S&P 500 is down -3.11% for the month.
A theoretical short sale position in TripAdvisors LLC (NASDAQ:TRIP) reached a price target and will likely be assumed closed at the end of trading on Monday February 8. The stock is down -12.57% for the month for an assumed equivalent +12.57% short sale gain.
For additional details, such as a table indicating returns and price targets for our model portfolio stocks, please visit us at jstephencastellano.tumblr.com.
Please see our disclaimers and disclosures.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Additional disclosure: There are limitations inherent in our theoretical model results, particularly with the fact that such results do not represent actual trading and they may not reflect the impact material economic and market factors might have had on our decision making if we were actually managing client money