The Internet Portfolio managed to produce a gain of 11.8% for Q2. The big winners in this portfolio when Netflix Inc. (NASDAQ:NFLX) and Amazon.com Inc. (NASDAQ:AMZN).
What is all the more remarkable is the fact that the NASDAQ was practically flat during Q2 with a modest gain of a little over 1%.
You can learn more about MarketClub's Internet portfolio here.
Here are the five stocks that are tracked in the Internet portfolio:
Facebook Inc. (NASDAQ:FB)
Netflix Inc. (NASDAQ:NFLX)
Yelp Inc. (NYSE:YELP)
Yahoo! Inc. (NASDAQ:YHOO)
Amazon.com Inc. (NASDAQ:AMZN)
Out of those five stocks, there were gains in three and losses in two for a 60% winning edge.
How this portfolio works, we track and publish a model $50,000 account that you divide into five buckets of $10,000 each. Depending on the value of the share that determines how many shares you buy rounded down. For example, Facebook trading at $82.50 would allow you to buy 120 shares. It's entirely different when you look at a stock like Netflix trading at $441.69 you would've just purchased 22 shares of that stock. The idea is to keep the portfolio balanced percentage wise. For example, a 1% gain in Netflix would be the same as a 1% gain in Yahoo based on a $10,000 bucket. The idea is not to bet big on any one stock or to try to pick the big winner for the year. The reality is no one knows and this approach is conservative and has produced outstanding results in our research.
Here are the actual number of shares traded and the recent gains and losses.
Facebook Inc. (NASDAQ:FB) 120 shares, loss/gain per share - $1.64 producing an overall loss of $196.80.
Netflix Inc. (NASDAQ:NFLX) 22 shares, loss/gain per share + $216.40 producing an overall gain of $4,760.80.
Yelp Inc. (NYSE:YELP) 240 shares, loss/gain per share - $1.82 producing an overall loss of $436.80.
Yahoo! Inc. (NASDAQ:YHOO) 224 shares, loss/gain per share + $1.72 producing an overall gain of $385.28.
Amazon.com Inc. (NASDAQ:AMZN) 26 shares, loss/gain per share + $53.18 producing an overall gain of $1,382.68.
All current positions can be viewed right here. On this page you'll see the current positions, stops and entry points which are updated to reflect changes in the market on daily basis.
The key to this portfolio is consistency. The five stocks that were chosen for the Internet portfolio will have significant moves in the future. It matters little to this portfolio if the moves are on the up or downside.
If you are not yet following this portfolio, you may wish to follow and track it on paper before you commit to trading this in your account. The key here is to be able to withstand some adversity and still keep taking the signals as they will pay off in the long run.
If you have any questions about this portfolio, please don't hesitate to leave a comment below this post.
Thanks for reading this post and every success should you decide to use MarketClub's Internet portfolio.
Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
