There is a scene in the film Crocodile Dundee, where Dundee, who comes from the Australian Outback, is in New York and is attacked by a knife-wielding mugger. Dundee looks at the attacker’s knife, tell his attacker,’call that a knife’ and pulls out a monster knife with a vicious serrated edge that he had tucked into his belt. The attacker flees.
I feel a bit the same looking at this chart and especially at the supposedly incredible 1929 bull market. Call that a bull market. Then look at what has happened since 1932 or even just since 2009. The strength of the US stock market is the phenomenon of our age and everybody should strive to get a piece of the action.
Quentinvest is all about helping you do just that.
I have recently developed a buying strategy which I call buying the green. It is very simple. If a stock closes the month with a monthly candlestick which is green (i.e the shares have closed higher on the month) I treat that as a buy signal.
It works because these signals are not just being applied to any old shares but only the 3G+Magic shares that are included in the QV for Shares table. The buy signals may be no big deal in themselves but the shares you will be buying are. They are literally shares in the creme de la creme of the world’s most exciting companies, chosen for their outstanding growth characteristics.
I buy on greens myself and I find it works very well. Note that this list is not quite the same as The List although there is considerable overlap. Some of these shares are giving green buy signals but are in recovery mode so would not be in The List. Others flashing red so not giving a buy signal are very much in full-on growth mode and would be in The List. Just to recap The List is all the shares (200 at the last count) that are in the QV for Shares portfolio and which I believe should be in a really exciting, diversified by companies, growth share portfolio.
Thanks to zero commissions on US shares and fractional investing it has become surprisingly practical to put together a 200-share portfolio and my advice is that everybody should try to assemble just such a portfolio. This is exactly what I am trying to do myself and so far it is working very well. As it happens I don’t need fractional investing because my chosen allocation for each share I hold is big enough to accommodate shares like Amazon and Alphabet on high nominal prices.
Why would you buy a share in recovery mode? Because you already have them and want to average down and also because shares that start to recover often end up in full on growth mode further down the line. Experience shows that most of the shares in the QV for Shares table end up doing well sooner or later so buying on green buy signals will usually prove a good idea.
Some shares are flashing serious reds with moving averages heading lower and I describe these as ‘behaving badly’. In line with my dynamic investing strategy outlined in a recent issue of Great Charts these can be sold with a view to reinvesting in other shares still performing strongly. Over time you may well find the discarded shares performing well again and they can be repurchased, which is why I call it a dynamic strategy. You are endlessly refocusing your portfolio around the best performers.
There is no real need to do this. It is for insurance as much as anything else. Buy and hold works very well. I do it because it lends itself to my aggressive use of margin trading. It keeps me fleet footed closing positions experiencing temporary weakness. It means I keep buying and selling the same shares but I have tried to make this a strength, not a weakness, of the way I operate. If it is going to happen anyhow, when the market corrects and I get margin calls, I might as well accept it and try to anticipate serious weakness rather than just react to it.
Below is the latest list of Buying the Green shares with codes and prices. Some prices may be a little out of date because it takes so long to keep looking them up again and again but they should be in the right ball park. All these shares go into the table at the recommended prices.
Abbott Labs. ABT. Buy @ $126.50
Abbvie. ABBV. Buy @ $121
Abcam. ABC Buy @ 1533p
Accenture. ACN. Buy @ $337
Accesso. ACSO. Buy @ 802p
ADC Therapeutics ADCT. Buy @ $29
Adobe. ADBE buy @ $667
Advanced Micro Devices. AMD. buy @ $110
Afterpay. APT. Buy @ $133 (being acquired by Square)
Agora. API Buy @ $33.24
AirBnb. ABNB. Buy @ $157.50
Align Technology. Buy @ $713
Allogene Therapeutics. ALLO Buy @ $24.50
Alphabet. GOOGL. Buy @ $2910
Amazon. AMZN. Buy @3509
Ambarella. AMBA. Buy @ $123.50
American Tower Corporation. AMT Buy @ $294
Anaplan. PLAN. Buy $67.50
Apple AAPL Buy @ $154.50
Aptar Group. buy @ $134
Aptitude Software. APTD. Buy @ 692p
Argenx SE. ARGX. Buy @ @335
Argo Blockchain ARB. Buy @ 134p
Asana ASAN. buy @ $77
Ashtead. AHT. Buy @ 5714p
ASML. ASML. Buy @ $842
Atlassian. TEAM. Buy @ $370
Avalara. AVLR. Buy @ $186.50
Avantor. AVTR. Buy @ $39.50
Baillie Gifford European. BGEU. Buy @ 167.50p
Basler International. DWWS. Buy @ €130
Berkshire Hathaway B. BRK.B. Buy @ $285
Bill.com. BILL Buy @ $279.50
Bio-Rad Laboratories. BIO. Buy @ $804
Bio-Techne. TECH. Buy @ $506
BioExcel Therapeutics. BTAI. Buy @ $29.50
Bitcoin BTCUSD. Buy @ $47376
Blackrock. BLK. Buy @ $941
Blue Prism. PRSM. Buy @ 1130p
Boohoo. BOO. Buy @ 280.5p
Booking.com. BKNG. Buy @ $319
Broadcom. AVGO. Buy @ $496
Bumble. BMBL. Buy @ $55
Burford Capital. BUR. Buy @ 884p
Cable One CABO. Buy @ $2112
Cadence Design Services. CDNS. Buy @ $164
Casey’s General Stores CASY. Buy @ $204
Charles River Laboratories. CRL. Buy @ $444
Chewy. CHWY. Buy @ $88
Chipotle Mexican Grill. CMG. Buy @1900
Cloudflare. NET. Buy @ $126
Corporate Travel Management. CTD. Buy @ A$22.60
Coupa Software. COUP. Buy @ $252
Craneware. CRW. Buy @ 2430p
Crocs International CROX. Buy @ $145.50
Croda International. CRDA. Buy @ 9184p
Crowdstrike. CRWD. Buy @ $276.50
CyberArk Software CYBR. Buy @ $167.50
Datadog. DDOG. Buy @ $138
Dechra Pharmaceutics DPH. Buy 5250p
Delivery Hero. DHER Buy @ €129.50
Dexcom DXCM. Buy @ $534
Diploma. DPLM Buy @ 3100p
Disney, Walt. DIS. Buy @ $183
Domino’s Pizza Enterprises DMP. Buy @ A$152.50
Domo. DOMO. Buy @ $89
DotDigital. DOTD. Buy @ 287p
Dropbox. DBX. Buy @ $31.50
Dynatrace. DT. buy @ $69.50
Ecolab ECL. Buy @ $224.50
Edwards Lifesciences. EW. buy @ $119
Epam Systems. EPAM Buy @ $631
Estee Lauder. EL. Buy @ $345
Ether. ETHUSD Buy @ $3764
Etsy. ETSY. Buy @ $218.50
Everbridge EVBG. buy @ $159
Experian Buy @ 3235p
Facebook. FB. Buy @ $382
Ferrari. RACE. Buy @ $218
Figs. FIGS. Buy @ $42.5
Fiserv. FISV. Buy @ $118
Fisher & Paykel Healthcare FPH. Buy @ A$31.5
Focusrite TUNE Buy @ 1800p
Fortinet FTNT. Buy @ $305
Frontier Development. FDEV. Buy @ 2815p
Gamestop. GME Buy @ $217
Genus. GNS. Buy @ 5985p
Globant. GLOB. Buy @ $321
Guardant Health GH. Buy @ $127.5
Halma. HLMA. Buy @ 3040p
HelloFresh Group. HFG. Buy @ €92.50
Hilton Food Group. HFG. Buy @ 1168p
Horizon Therapeutics HZNP. Buy @ $110
Hubspot. HUBS. Buy @ $688
Hydrofarm. HYFM. Buy @ $51.50
Impax Environmental Markets IEM. Buy @ 528p
InMode INMD. Buy @ $130.5
Inspire Medical Systems INSP. Buy @ $222.5
Intuit. INTU. Buy @ $566
Intuitive Surgical. ISRG. Buy @ $1059
IQE. IQE Buy @ 53p
ITM Power. ITM. Buy @ 499p
Shares World Momentum IWMO. Buy @ $66.46
James Cropper. CRPR. Buy @ 1400p
JD Sports Fashion. JD. Buy @ 1041p
JTC. JTC. Buy @ 760p
Just Eat Takeaway. JET. Buy @ 7035p
Keyence Coro 6861. buy @ JPY67030
Keywords Systems. KWS. Buy @ 3162p
Learning Technology Group. LTG. Buy @ 227.5p
Lightspeed PoS. LSPD. Buy @ $113.5
Litecoin. LITEUSD. Buy @ $176
Liontrust Asset Management. LIO. Buy @ 2425p
London Stock Exchange Group. LSEG. Buy @ 8050p
Lonza. LONN. Buy @ CHF774
L’Oreal OR. Buy @ €399
Masimo Corporation MASI. Buy @ $275
Maxcyte. MXCT. Buy @ 1115p
MercadoLibre. MELI. Buy @ $1900
Mettler-Toledo International MTD. Buy @ $1551
Microsoft. MSFT. Buy @ $303
Microstrategy. MSCR. Buy @ $693
Moderna MRNA. Buy @ $386
Monday.com MNDY. Buy @ $396
MongoDB. MDB. Buy @ $395
Monolithic Power Systems MPWR. Buy @ $496
Morningstar. MORN. Buy @ $273.50
MSCI. MSCI. Buy @ $644
NDAQ. NDAQ. Buy @ $198
Novanta. NOVT. Buy @ $ 152
Nvidia. NVDA. Buy @ $224
O’Shares Global Internet Giants. OGIG. Buy @ $57.5
Okta. OKTA. Buy @ $264
Palo Alto Networks. PANW. buy @ $458
Par Technology. PAR. Buy @ $69
Paycom Software. PAYC. Buy @ $491
Paylocity. PCTY. Buy @ $272
Pegasystems. PEGA Buy @ $139
Pepsico. PEP. Buy @ $157.50
Pinduoduo. PDD. Buy @ $108.50
Plus500. PLUS. Buy @ 1470p
Polar Capital Technology Trust. PCT. Buy @ 2576p
Pool Corporation. POOL. Buy @ $486
Prolofgis. PLD. Buy @ $137.50
Invesco QQQ Trust (tracks Nasdaq 100) QQQ. Buy @ $382
Rapid7. RPD. Buy @ $121.50
Renishaw. RSW. Buy @ 5465p
Repligen. RGEN. Buy @ $285
Rightmove. RMV. Buy @ 720p
Robinhood. HOOD. Buy @ $45.50
Roblox. RBLX. Buy @ $84.50
S4 Capital. SFOR Buy @ 824p
S&P Global Inc. SPGI. Buy @ $447
Salesforce.com. CRM. Buy @ $272
Sanne Group. SNN. Buy @ 931p
Sartorius StedimBiotech. DIM. Buy @ €524
Sea Limited. SE. Buy @ $343.5
ServiceNow. Now. Buy @ $651
Shopify. SHOP. Buy @ $1545
Silvergate Capital Corporation. SI. Buy @ 4116.50
Smartsheet. SMAR. Buy @ $80.5
Snap Inc. SNAP. Buy @ $75.5
S&P 500 EDF Trust. SPY. Buy @ $452
Spiral-Sarco Engineering. SPX. Buy @ 416295p
Splunk. SPLK. Buy @ $156.5
Spotify. SPOT. Buy @ $237.5
Square. SQ. Buy @ $271.5
Stamp Inc. STMP. Buy @ $328.5
Stryker. SYK. Buy @ $276.50
Synopsys. SNPS. Buy @ $334
Tencent. 700 Buy @ HK$488
The Joint Corp. JYNT. Buy @ $103
Turning Point Therapeutics. TPTX. Buy @ $76.5
UnitedHealth. UNH. Buy @ $417
Upstart Holdings. UPST. Buy @ $226.5
Varonis Systems. VRNS. buy @ $69
Verisk Anaytics. VRSK. Buy @ 4203
Volex. VLX. Buy @ 439p
Waste Connections. WCN. Buy @ $129.5
Waste Management. WM. Buy @ $155.5
Water Intelligence. WATR. Buy @ 1340p
West Pharmaceutical Services WST. buy @ $449
Wisetech Global WTC. Buy @ A$48.5
Wisdomtree Nasdaq 100 3x Daily Leveraged. QQQ3. Buy @ 4221.50
Workday. WDAY. Buy @ 4272.5
Xero. XRO. Buy @ A$151.50
Yougov. YOU. Buy @ 1440p
Zai Laboratories ZAI. Buy @ $148.5
Zebra Technologies. ZBRA. Buy @ $582
Zoetis. ZTS. Buy @ $205
ZoomInfo. Technologies. ZI. By @ $64
Zscaler. ZS. Buy @ $277
Shares behaving badly
AB Dynamics. ABDP
Activision. ATVI
Alibaba. BABA
Alteryx. AYX
ASOS. ASC
Bandwidth. BAND
Boston Beer. SAM
Freshpet. FRPT
GoDaddy. GDDY
GrowGeneration. GRWG
Hargreaves Lansdown HL.
Inogen INGN
Irobot. IRBT
Lendingtree. TREE
Logitech International. LOGI
Lyft. LYFT
Magellan Financial Group. MFG
Pliant Therapeutics. PLRX
Ringcentral. RNG
Shake Shack. SHAK
Teledoc Health. TDOC
TripAdvisor. TRIP
Vuzix. VUZI
Wandisco. WAND
Wix.com. WIX
Zendesk. ZEN
Zillow Z
Zoom Video Communications. ZM
There are no prices with the shares behaving badly because these shares are not recorded in the QV for Shares table which is based on a never sell strategy. They are for your information as shares that I would no longer hold. The core of the strategy is the shares you do hold and what you do with them which for many people will be simply buy and hold. The vast majority of investors will benefit from buying, holding and never selling as long as they make sure to have a forward looking portfolio based on the sort of exciting 3G+M shares I choose for the Quentinvest portfolio and make sure to refresh their portfolios with new ideas as they come along.
My ambition of a 200-share portfolio is helpful in many ways. One is that you don’t have to over-analyse a stock. For most of us that doesn’t help anyhow because then we are competing against people who really do know what is going on. My preference is for a large portfolio full of shares in a wide selection of great companies. These are not hard to spot. If they don’t seem to be great they probably aren’t.
Fill your portfolio with as many quality names as you can and just wait for time to do its magic and values to appreciate. Given time, years rather than months, the results can be amazing. A big portfolio also means lots of news, lots of things happening and that is great fun too.
Another crucial merit of large portfolios is that they are less stressful. If one, two or even several shares hit serious turbulence it shouldn’t do much harm. If the whole stock market hits turbulence that is a storm which will pass.
Buying the green is just an easy way to spot timely moments to start a position or add to a holding.
