Phil Simard’s Blue Chip Investment Strategy

Final Rank: 318 / 518

Final Portfolio Value: $992,114,784.48 (-0.79%)

Investment Strategy For The Blue Chip Investment Contest

Since time was very limited for me in the Blue Chip Investment Challenge. I just tried to get as much profit as possible by trading SPXU and other triple leveraged ETF’s and trying to time the market. Obviously, this strategy is difficult to do without watching the market movements more closely. More judicious use of limit and stop order’s would have been needed. [trade]SPXS[/trade] and [trade]SPXU[/trade] are a great way to multiply earnings. I also traded [trade]ATVI[/trade] (Activision Blizzard) because of strong analyst recommendations and very strong buy on Chaikin analytics. I pulled out before the profits came however because of a large drop in the market. In the end, Activision still proved to be a very good buy and I should have held it longer.

Final Open Positions and Portfolio Allocation

Blue Chip Stock HoldingsBlue Chip allocation

Performance Over The Total Contest

performance

Click Here To Join The Next Contest!

 

See More Trading Strategies From This Contest

Phil Simard’s Blue Chip Investment Strategy - Final Rank: 318 / 518 Final Portfolio Value: $992,114,784.48 (-0.79%) Investment Strategy For The Blue Chip Investment Contest Since time was very limited for me in the Blue Chip Investment Challenge. I just tried to get as much profit as possible by trading SPXU and other triple leveraged ETF’s and trying to time the market. Read More...
Ross Lo Giudice’s Blue Chip Challenge Investment Strategy - Final Rank: 338 / 518 Final Portfolio Value: $979,922,717.88 (-2.01%) Investment Strategy For This Contest I don’t know if what I did even qualifies as strategy. I purchased about 20 or stocks that were familiar and then I closed my eyes and crossed my fingers. The end result was losses across the board that ranged Read More...
Kevin Smith’s Blue Chip Challenge Investment Strategy - Final Rank: 331 / 518 Final Portfolio Value: $985,785,982.85 (-1.42%) Investment Strategy For This Contest This was a contest where I wanted to go big or crash hard. The news leading up to the contest was dominated by the crash in oil prices, so I figured that there would probably be a rebound coming soon. Read More...
Team HTMW Blue Chip Challenge Investment Strategy - Final Rank: 336 / 518 Final Portfolio Value: $981,381,149.90 (-1.86%) Investment Strategy For This Contest We picked blue chip stocks in the Dow Jones Industrial Average, and tried to balance analyst ratings, Price/Earnings (P/E) ratios, the latest news, and our own instincts. Even though there were only 30 stocks to choose from, it took hours to Read More...

Comments are closed.