I finally got the cash from the Landec sale transferred into one account and used it to buy enough shares of NVDIA to bring that position back up to it’s fair share of market value in my portfolio. I still have a larger than necessary amount of cash sitting around so I’ll be looking to bring other positions back to balance and perhaps another company as well. Actually, I bought the NVDIA shares on March 31st but didn’t want to post about it until I had the rest of the site back to working order.
It took longer than I had planned but the shiny new backend is running well and tracking a few different portfolios now so perhaps I will show them off in the near future. In the meantime, the performance graph and holdings are back to being updated daily.
I’ve been pretty busy recently with various thing and haven’t had a chance to update much. I have been redoing the back end of the portfolio tracking system though to handle a lot of portfolios rather than just my real money account, that way I can track multiple test portfolios and perhaps put up a simple interface for others to create their own as well. It’s not quite done though which is why it hasn’t updated my graph or holdings in the last few days.
Along with that I am going to move the CAPS testing portfolios to this site and automate the task of updating it weekly. As you may have noticed, I have fallen a little behind updating the portfolio on the CAPS website. Still though it appears to be handily beating the market with a relatively diversified set of holdings. With my last update I also added a few bear recommendations using the same ratings differential logic (but using a negative differential) to test a short selling application of the idea. It appears to have exceptionally high accuracy (70-75% depending on how you measure it) in determining short term movements which is a bit unexpected since I am looking for long term valuation mistakes rather than any sort of momentum. It could be a sign that I’m just getting lucky or perhaps the differential is more an indication of momentum than I thought originally.
I hope to have the enhanced portfolio system up and running soon, until then you’ll have to use your imagination!
