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MDA Breakouts In Best Year Ever: New Picks For Week 1 – 2024

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.
Countdown to midnight 2024
Sergey Peterman

Read full article on Seeking Alpha here.

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