I have been using StockRanks for almost five years with a fair amount of success. However, I seem to have hit a bit of a rough patch. My portfolio has barely recovered from market lows in March. Indeed, it has underperformed the FTSE 100 for 5 weeks in a row. In April the FTSE was up 6.8% but I was only up 1.8%. This bull is feeling like a bear with a sore head.

I decided to do something to constructive and review and reflect on what is happening. Maybe I can learn something.

The first thing was to look at how high StockRanks are doing overall. The basket of 90-plus is up about 5.8% in April so actually that has also underperformed the FTSE but only by a bit. I guess this just happens from time to time.

Now let’s look at some of the stocks that are in (or for the most part were in) my portfolio. On the morning of 23 March there was some news about Indivior (LON:INDV) losing a court case. There was a massive downward spike and I ended up getting stopped out at 15% below my stop loss. This was infuriating for two reasons – one is that I hardly ever use hard stops and the second is that the stock has since gone on to new highs. I don’t think I did anything wrong here. This was just really bad luck.

I had two long term holdings, Zytronic (LON:ZYT) and XLMedia (LON:XLM), that had done well but then started drifted down. My system was telling me to sell but I ignored the signals. I think I was just holding because I had them so long and had got attached to them. That was mostly definitely a mistake.

Other holdings that have dropped recently including Ferrexpo (LON:FXPO), Central Asia Metals (LON:CAML), Evraz (LON:EVR) and Covestro (LON:ETR). They have all done pretty well since I bought them but as you may have noticed, they are all mining companies. Perhaps I should have been a bit more diversified and/or rebalanced a bit more effectively. These are now all gone apart from Evraz for which I still retain a small stake.

On the 20 April, Record (LON:REC) had a disappointing update and dropped 14% while on 26 April, Philips Lighting (AMS:LIGHT) had a profit…

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