TOP 10 Performing Stocks For Week #37

My last Friday turned out to be a bit more eventful than I would have cared for. I was driving my moto back from the gym and stopped at a large intersection, at least large for European standards. When the light turned green I was the first one to go and thus cautiously proceeded forward. It’s my habit to alway give it another second or two as I had seen many left turning cars rush ahead of oncoming traffic in the past.

Everything seemed clear and I was already halfway through the intersection when some imbecile for some reason made a hasty turn right in front of me. I slammed on the breaks as evading the car was at this point impossible, but I still wound up smashing into his front and then went flying for about six feet. Before I knew it I found myself on the pavement trying to collect myself. Luckily it turns out that my guardian angel had been on duty as I escaped the impact with just a few bruises and a swollen knee. We still spent the next few hours at the hospital to make sure there weren’t any internal injuries, which fortunately turned out to be the case.

Strangely enough one of officers on the scene happens to a friend of mine I know from the gym (VLC is a small town) and he helped me fill out all the paperwork while we were waiting for the tow truck. Very helpful coincidence and sometimes I can’t believe how lucky I get in potential crisis situations – it’s not the first time. When I was about 9 years old some bigger kids were hellbent on giving me a good beating and as my martial arts skills were yet non existent I tried to make a run for it to the other side of the road where there was a gas station.

What I had not considered was the massive truck (think Convoy) and a bunch of cars that were approaching the moment I took off. To make a long story short I wound up bouncing off the truck and then again off of not just one but two cars. The people at the gas station watching the incident later told me that it was a miracle I had survived and that I should thank my guardian angel (Austrians used to be religious back then). Which I did of course and so did my mom when she picked me up. At home I of course was rewarded with a well deserved thrashing.

I could go on with a few more pertinent tales but I don’t want to bore you to tears. Now reading this you may assume that I take my luck for granted but nothing would be further from the truth. I have most definitely counted my blessings every single time I somehow evaded disaster and this time is no exception: I’m grateful for being in one piece today instead of dealing with a lot of pain and potentially life changing injuries somewhere in some drab Spanish hospital room. I really hate hospitals…

What I appreciate the most however is being able to post today and continue to help you to add that extra trading edge. The day after the accident I found myself in an elated mood and was determined to pay back my good karma by putting together something very special for you guys. I labored through the weekend and actually just put the finishing touches on this, which is why this post is a bit late today.

Top Performing Stocks Of The Week

When I put together the statistics parser for Yahoo Finance symbols last week the weekly Sharpe Ratio charts gave me an idea. Wouldn’t it be cool to parse all S&P500 stock symbols and extract only the ones where the current week number is among the top three performing weeks for that symbol? This way we may be able to put together a little portfolio that is being held for a single week. If on average the portfolio comes out as being profitable then this would be an extremely useful tool in our trading arsenal.

Of course the same approach could be used for top losing stocks symbols for the current week. One could buy the top 10 and sell the bottom 10 symbols in the S&P. For today I have only the former to offer but it’s a start and I still need to write something that allows me to track the performance of the little portfolio at the end of this week, so that I can report it.

Anyway, when I tested it for the current week #37 I actually got over 100 symbol, so this seems to be a pretty smashing week for the S&P. Which however inspired me to sort the matches by volume and only grab the top 10 with the most liquidity. So here we go, sorted by liquidity:

So what do you guys think? Is this something you believe would offer you an extra edge? There could be other ways how to filter the symbols down by the way. I could check which of the top performing candidates are currently trading > their 200-day SMA for example and of course do the inverse on the losers to be sold. And yes, there are many other types of parsing approaches I could apply in the same fashion. Instead of Sharpe Value I could parse for volatility for example which may benefit option sellers.

I’m pretty open to input, so don’t be shy and let me know what you think. And feel free to click on the charts for a more comprehensive listing of seasonal statistics. Enjoy!

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