March 11, 2010 11:43 AM ET
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Peter Kurata
Strategy Top Down, Growth Momentum
Category Growth
Average trade replication time 2 minutes
2,650 Views
1 Subscribers
Fees 1.50% of invested assets p.a. Subscription Min $5,000.00*
“Follow the Big Money.” There are always a handful of leadership stocks propelled by big money market makers. Peter follows the CANSLIM system created by William O’Neil to find these stocks; typically companies with hot products and a proven record of high accelerated growth. CANSLIM also relies on technical analysis, based on over 100 years of stock chart research to maximize gains while... [more +]
“Follow the Smart Money.” There are always a handful of stocks with accelerating fundamentals that are must buys for institutional money managers. Peter follows the CANSLIM system created by William O’Neil to find these stocks. Technical analysis and chart patterns, based on over 100 years of research, are also used to maximize gains and reduce losses. In analyzing leadership stocks over time,... [more +]
Peter conducts fundamental research to find companies with these characteristics, and then uses his own trading tools to follow the CANSLIM system in order to determine when to buy and sell. He has programmed over 300 trading rules. About 60% these rules are core CANSLIM rules, and 40% are rules that Peter has developed to help him more closely follow the CANSLIM system. Peter’s favorite research... [more +]
Uses stop loss orders as a tool to limit losses.
Peter does not stray from the CANSLIM system, However he may infrequently improve his programmed trading rules to better follow the core methodology.
Investment Report
New year, same old wild action. Holdings in SPY (SPDR S&P 500 ETF), QQQQ (Powershares QQQ Trust), and DIG (Proshrs Ultra Oil & Gas) are swinging from profit to break even. The market is in a tug-a-war as bulls and bears are still uncertain about their convictions. On the one hand, investors are returning after missing out on last year's gains, BUT; news of high unemployment, bank closures, national...
February 2010
Personal Background
Peter was formerly an engineering manager at Microsoft, and has a background in Computer Science and Cognitive Science. He currently lives in Orange County, CA with his wife and children and divides his time between investing and running a web consulting business helping other traders with their websites. Peter first became interested in investing during the dot-com crash. He watched his...
Experience on Covestor.com‡
Peter Kurata's Covestor.com Profile
- Overperformed S&P 500 for 17 of their 31 months on Covestor.com#
- Return Since Inception: -8.76% (August 2007)
- Last 3 Months Return: -11.77% (S&P 500 0.81%)
- Annualized Return: -3.55%
- Sharpe Ratio: -0.12 (S&P 500 -0.09)
- Maximum Drawdown: -39.61% (S&P 500 -56.78%)
Performance
| Inception June 26, 2009 | Model Manager | S&P 500 |
|---|---|---|
| Return Since Inception (%) | (10.98) | 24.67 |
| Annualized Return (%) | (15.22) | 36.78 |
| Month to Date Return (%) | (1.06) | 3.72 |
| Calendar 3 Month Return (%) | (3.09) | (0.39) |
| Sharpe Ratio | (1.39) | 2.19 |
Monthly Performance (%)
| Month | Return | S&P500 | Outperformance | Risk | Performance |
|---|---|---|---|---|---|
| Feb | (0.66) | 2.85 | (3.51) |
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| Jan | (2.03) | (3.70) | 1.67 |
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| Dec | (0.25) | 1.78 | (2.03) |
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| Nov | 0.02 | 5.74 | (5.72) |
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| Oct | (1.07) | (1.98) | 0.90 |
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| Sep | 1.12 | 3.57 | (2.45) |
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| Aug | (6.65) | 3.36 | (10.01) |
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| Jul | (0.77) | 7.41 | (8.18) |
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The performance of the model manager's account has been calculated by CVIM on a daily time-weighted basis including cash and broker commissions. These returns do not reflect any CVIM suitability or risk score restrictions and are exclusive of CVIM fees. Therefore, they do not represent the performance of the CVIM model available for subscription. Benchmark returns have been calculated by CVIM using a time-weighted calculation of daily valuations and do not include cash or transaction costs. Please see the additional disclosures below.
Top Holdings
| Symbol | Security | Exchange | Allocation (%) |
|---|---|---|---|
| Cash | n/a | n/a | 100.00 |
Total Holdings 1
Data displayed is as of market close: March 10, 2010
Recent Transactions
| Symbol | Security | Type | Price |
|---|---|---|---|
| SDS | PROSHARES ULTRASHORT S&P500 | Sell | $33.77 |
| QID | UltraShort QQQ ProShares | Sell | $18.72 |
| DUG | UltraShort Oil & Gas ProShares | Sell | $12.39 |
| DZZ | DB Gold dbl sh ETN | Sell | $12.96 |
| DZZ | DB Gold dbl sh ETN | Buy | $13.88 |
Data displayed is as of market close: March 10, 2010
* The Subscription Minimum is the minimum subscription required to follow a particular model. The minimum amount is determined by CVIM, based on the characteristics of the underlying model. It should not be considered as specific investment advice for your investment situation.
‡ Covestor.com performance data has been calculated by Covestor on a daily time-weighted basis of the equity positions of the account and is exclusive of any commissions and cash in the portfolio. The member's performance on Covestor.com, based on a separate account, may not reflect the strategy employed to manage the model available for subscription on CVIM. Please see additional disclosures below.
# Since the model manager's inception in Covestor.com
It should not be assumed that any information discussed herein will prove to be profitable or that decisions in the future will be profitable or provide similar results. The information set forth herein is not a substitution for personalized investment advice, and should not be construed as a recommendation to purchase or sell a particular security or to subscribe to a particular model.
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