Over the past month I have been re-populating the Dirac portfolio after the February sell-off. Unlike other portfolios, the Dirac is populated with individual stock rather than more broadly based ETFs. This results in more equity assets being identified as Buy candidates than we are seeing in other portfolios.
At present, the portfolio looks like this:
and we are close to 100% invested.
Recent performance, relative to the benchmark S&P 500, is shown below:
where we see a healthy lead, thanks to the stop-loss orders, with the portfolio up ~4% YTD compared to a 12% decline in the S&P 500 (allowing for the $5,000 cash injection in late February).
Checking on current rankings/recommendations we get the following picture:
Looking at possible adjustments:
we see that the only adjustment might be to sell TTWO and to replace it with XLNX. Checking on Friday, this changed slightly and TTWO switched to a Hold recommendation with XLNX a recommended Sell. I will therefore leave the portfolio as it now stands since there were a lot of trades over the past month. The theoretical portfolio risk is scary high at 32% but, since TSLOs are in place, actual risk will be less than this (since prices have moved up) so I will leave everything – and watch closely.