/biz/ - Business & Finance

With fractional shares, a broker API and some simple python code, I can be as diversified as I want to be.
Please consider my strategy and feedback
>consider all stocks in the MSCI developed world index
>disqualify all stocks trading below their 100-day SMA
>disqualify all stocks with a daily change greater than 15% in the last 100 days
>calculate Risk Parity portfolio of remaining stocks using robust (partially mean-reverting) estimate of volatility and correlation
>rebalance each Wednesday
>however, if the MSCI Developed Index is below it's 200-day SMA, only conduct the selling portion of the rebalancing. No buying in bear market.
Pic largely related, a risk parity instead of market cap weighted version of the S&P500.