Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of MIBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of MIBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Investment Strategies / Mechanical Investing
Unthreaded | Threaded | Whole Thread (3) |
Author: Taz2 ⎊  😊 😞
Number: of 6243 
Subject: Re: Dash for Trash
Date: 03/19/26 3:38 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 5
I generated this simple P123 screen to test the article's thesis:

P123 Stock Universe: S&P500

Close(0,30821) > 1.35 * Close(60,30821) //Brent Crude Price Spiking
Sector=CYCLICALS Or Sector=ENERGY Or Sector=HEALTHCARE

Using P123's Classic Quality ranking system to select the top 6 stocks. A 5-year weekly rolling backtest with stocks held for 6 months did not beat the S&P500. During down markets it did perform better than the S&P but it still lost money.

NOTE: 30821 is the Stock ID for Proshares Ultra Bloomberg Crude Oil. I needed something to emulated the daily crude price movement that P123 would recognize.

Taz
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Taz2 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 6,227 posts about Mechanical Investing. The article-length ones it recommended most:
Dividend investing · 52 recs · 2025
Non-Mag7 screen · 34 recs · 2025
OT - Div yields and returns · 32 recs · 2024
Using AI to generate backtesting programs · 30 recs · 2025
Rankings for 19Dec2022 · 29 recs · 2022
Unthreaded | Threaded | Whole Thread (3) |


Announcements
Mechanical Investing FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of MI | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community