Summary
- The Weekly MDA Breakouts completed the best year since this model was released on Seeking Alpha in 2017.
- In 2023, 125 picks gained over 5% and 65 picks gained over 10% in their measured week, with simulated annual returns of 253.46%.
- The MDA Breakout model has historically had a compound average growth rate of 45.7% and cumulative returns of +1,348.2% since 2017.
- New advances in the algorithm with visual timing signals should enhance returns for 2024.
- Long Term 2023 portfolios: Piotroski value +47.16%, Positive Forensic +28.3%, Growth & Dividend +9.4% adj for dividends and the Active ETF up +64.0% YTD.
- I am JD Henning. A Finance PhD and investment adviser with 30+ years trading and investing. I run Value & Momentum Breakouts where I identify breakout signals and breakdown warnings using technical and fundamental analysis. I run the investing group Value & Momentum Breakouts.