Hiking
One of the better performing Sector BPI portfolios is the Millikan even though it has only been using the model for 19 months. We are beginning to build a historical data base we can use to move forward with the model. Some of this evidence is provided in the following analysis.
The latest check of the Bullish Percent Indicator data for the eleven sectors finds no sector is currently positioned in the oversold zone. This being the case, available cash will be used to pick up more shares of VTI and particularly VOO.
Millikan Security Holdings
In the following table we see where the Millikan is holding over $20,000 in cash. Part of the cash buildup is due to selling VGT when it triggered the 3% TSLO. The owner of the Millikan does not need this cash so a series of limit orders will be set after the market opens.
Millikan Manual Risk Adjustments
Limit orders will be set to purchase 37 shares of VTI and 20 more shares of VOO. If I need to decide between the two ETFs I favor VOO as it mirrors the S&P 500 (SPY) and this is the benchmark I am attempting to match or exceed.
Millikan Performance Data
Since 12/31/2024 the Millikan has a one percentage point lead on the SPY benchmark. This is the advantage we will try to hold or expand.
Millikan Risk Ratios
It is still very early in July so don’t pay much attention to this months figures. The Jensen slope is flat indicating the Millikan has closely matched its benchmark over the past year.
Millikan Sector Portfolio Report
The following data shows how well the Millikan performed since the Sector BPI launch back in December of 2022. The advantage over the benchmark is significant, giving more credence to the viability of this investing model. I’ll feel more comfortable with the model once we go through several buy and sell cycles with a few more sectors.
Millikan Sector BPI Portfolio Review: 10 May 2024
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