Contrarian trades on the WSJ’s The Score: Weekly Review for Dec 8-9, 2018

Weekly post from this sheet, tracking all WSJ The Score weekly roundups – how does a contrarian strategy against the 7 stocks reported weekly by The Score work the next week?

With the big market tumble this week, all stocks reported the previous week were down, so straight up the strategy only worked 3 of 7 cases…but in 6 of 7 cases it outperformed the S&P.

Looking closely these reports (listing stock & the percentage move) are one day changes in a given day of the week, not the overall week result, which is interesting, as a delayed contrarian strategy.

Dec 1
GM, +4.8 39 34.69 -11.1 y y
CPB, -3.7 39.19 37.77 -3.6 n y
TGT, +2.8 72.43 67.81 -6.4 y y
PZZA, -10% 48.35 45.08 -6.8 n n
BAYRY, -1.3% 18.875 18.095 -4.1 n y
MO, +1.8% 54.7 54.18 -1.0 y y
MAR, -5.6% 116 111.25 -4.1 n y
SPY 280.28 263.57 -6.0
Dec 8
NXST, +6.9%
UPS, -7.4%
BA, -4.7%
AZO, +6.8%
MDXG, -60%
FCAU, -4.1%
CVX, -0.4%

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