Another week of excellent performance for the Contrarian strategy, as each pick would have outperformed being long the S&P 500. This week is an outlier after a massive down week for the S&P but when a strategy still consistently works at the extremes you can have greater confidence in it.
|Dec 15||open Monday||close Friday||% change||reversal?||Contrary trade Outper. long S&P?|
|TME, +7.7 (IPO)||12.7||12.19||-4.0||y||y|