No Summer Doldrums for the Shadow Stock Portfolio
by James B. Cloonan
When we last looked at the Model Shadow Stock Portfolio in July, it was sputtering—seemingly out of gas—along with the rest of the market. In my comments (Shadow Stock Portfolio Still Leads as Market Runs Out of Gas, July 2005 AAII Journal), I concluded with the thought that perhaps the summer, which is usually lackluster, will surprise us.
And it certainly did!
Over the last three months, the Model Shadow Stock Portfolio found enough fuel to come roaring back, generating 19.1% over three months.
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