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Can an average investor beat the street?

This is my first blog, on any site for that matter. I'm not a writer by any means but I've owned stock since my grandfather willed me a few BCE shares when I was 11 years old. That got me into reading the business section of the newspaper regularly. I'm an average investor by all accounts; in fact, I don't even work in finance. I've been losing to the market slightly since I opened my own book back in 2008 (about 1 month before the big crash) but since then I've been working diligently to produce a stock screen that can come close, and hopefully beat the street. Yes I realize how impossible this task could be considering all the highly trained professionals out there already attempting this but my theory is: Sometimes you can't see the forest for the trees. Ok it's not really my theory but I stole it so it is now mine.

Most my recent picks have been profitable and I'm on the right track to repairing the damage done back in 2008.

How have I been doing? Well since I started picking these stocks (January 18th 2011) I've been doing quite well. Jan/Feb have matched the market, but after some tweaking to my screens March has worked out much better. In fact the overall average has been beating the market which tells me my screen is working. My hope is at the end of 2011 I will have a screen that works. The biggest swing from March is -13.69% to +48.75%.

Here's a link to my March Picks (HTML Version, sometimes doesn't work)
Google Doc Link (More reliable)

This is just a simple google doc that gets updated about every 5 minutes. The results are mildly impressive when compared to the S&P.

I was making picks every month, jan, feb and march but I've been busy with my day job and have fallen behind. I will be making my june picks on time (I hope) and will post them as soon as they are available instead of in hindsight like March's.

Here's the 50 large cap tickers from March and their preformance, the rest will remain hidden.

Gain/Loss 48.74%, LO - Lorillard Inc.
Gain/Loss -13.55%, GPS - The Gap Inc.
Gain/Loss -2.77%, LMT - Lockheed Martin Corporation
Gain/Loss 31.17%, DISH - DISH Network Corp.
Gain/Loss -0.48%, FCX - Freeport-McMoRan Copper & Gold Inc.
Gain/Loss -5.06%, MSFT - Microsoft Corporation
Gain/Loss 5.92%, TJX - The TJX Companies, Inc.
Gain/Loss 10.41%, LLY - Eli Lilly & Co.
Gain/Loss 5.53%, GILD - Gilead Sciences, Inc.
Gain/Loss 12.13%, BMY - Bristol Myers Squibb Co.
Gain/Loss 3.35%, INTC - Intel Corporation
Gain/Loss 10.79%, MHP - The McGraw-Hill Companies, Inc.
Gain/Loss -3.93%, TXN - Texas Instruments Incorporated
Gain/Loss -2.62%, BBY - Best Buy Co., Inc.
Gain/Loss 15.87%, MA - MasterCard Incorporated
Gain/Loss 2.27%, DELL - Dell Inc.
Gain/Loss 3.46%, CPB - Campbell Soup Company
Gain/Loss 12.89%, AZO - AutoZone, Inc.
Gain/Loss 25.41%, HUM - Humana Inc.
Gain/Loss 11.58%, BBBY - Bed Bath & Beyond Inc.
Gain/Loss 15.65%, AET - Aetna Inc.
Gain/Loss 0.23%, ITT - ITT Corporation
Gain/Loss -5.13%, GD - General Dynamics Corporation
Gain/Loss 10.88%, UNH - UnitedHealth Group Inc.
Gain/Loss 23.06%, LTD - Limited Brands, Inc.
Gain/Loss 16.42%, RAI - Reynolds American, Inc.
Gain/Loss 10.67%, BA - The Boeing Company
Gain/Loss 11.54%, MO - Altria Group, Inc.
Gain/Loss 16.16%, SYY - SYSCO Corporation
Gain/Loss -14.52%, HPQ - Hewlett-Packard Company
Gain/Loss 33.16%, BIIB - Biogen Idec Inc.
Gain/Loss -7.74%, DO - Diamond Offshore Drilling, Inc.
Gain/Loss -18.21%, AMAT - Applied Materials, Inc.
Gain/Loss 2.04%, ADI - Analog Devices, Inc.
Gain/Loss 12.08%, PM - Philip Morris International Inc.
Gain/Loss 17.48%, COH - Coach, Inc.
Gain/Loss 3.03%, NEM - Newmont Mining Corporation
Gain/Loss -3.34%, SNDK - SanDisk Corporation
Gain/Loss 9.8%, JNJ - Johnson & Johnson
Gain/Loss 10.89%, CL - Colgate-Palmolive Company
Gain/Loss -1.94%, RTN - Raytheon Company
Gain/Loss 0%, Q - Qwest Communications International Inc.
Gain/Loss -2.33%, NOC - Northrop Grumman Corporation
Gain/Loss -0.25%, CVX - Chevron Corporation
Gain/Loss -5.82%, WU - The Western Union Company
Gain/Loss 4.58%, IBM - International Business Machines Corp.
Gain/Loss 10%, DTV - DIRECTV
Gain/Loss 10.5%, ABC - AmerisourceBergen Corp.
Gain/Loss 5.25%, WMT - Wal-Mart Stores, Inc.
Gain/Loss -1.43%, SYK - Stryker Corporation

I'm not willing to share the exact formula for my screen just yet but here are some of the common things I look at: Price to Sales, Price to Book, and EBIT. I also like to look at past preformance, how did it fair during the previous recessions, how quickly did it recover, etc.



Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.