November 2023 Update on Buy On Pullback (BOP) Portfolio 11 Performance [GeoWire Weekly No. 112]

Welcome to The GeoWire , your source for a Peek into GeoInvesting’s Research Coverage, Microcap Stock Education, Case Studies, Featured Videos, and More. Please share this if you like today’s newsletter and comment with any feedback.

If you are new or this was shared with you, you can join our email list here.

In the September 24, 2023 edition of the Geowire Weekly, we provided insights into Buy On Pullback (BOP) Portfolio 11, which was launched the next day, September 25.  

So far, we are pleased with its performance.

At the end of November 2023, the 7-stock BOP 11 demonstrated an average current return of 8.15%, beating the S&P 500 by 1.93%. The average peak return is 21.99%

At this point, it looks like BOP 11 is following in the footsteps of the track record of our impressive historical BOP performances, where 9 out of the previous 10 performed nicely, returning an average of 43.41%.

Furthermore, each Model Portfolio beat the returns of the major indexes, while the portfolios were open, even though one BOP ended about break-even.

To briefly recap, our Buy On Pullback (BOP) Portfolios includes 4 to 7 stocks experiencing negative or subdued reactions to positive market dynamics or exaggerated responses to negative news.

For a quick overview of the returns from our previous ten BOP portfolios, you can once again refer to our article published September 24, 2023.

With the three stocks we added to BOP 11 in November, the total stocks in the Model Portfolio stands at 7. This means we will not be adding anymore stocks to the portfolio and will have our eye on launching BOP 12 when we see opportunities arise.

A Little More On The Three Stocks Added…

—

If you are a premium subscriber and not currently logged in, you can log in here to view all the premium content associated with this Post. Once Logged in, Just click on The link for The Latest Issue Listed At top of your Home Page. If you are not a premium subscriber, please JOIN HERE.

—

The post November 2023 Update on Buy On Pullback (BOP) Portfolio 11 Performance [GeoWire Weekly No. 112] appeared first on GeoInvesting.