A long-only stock strategy that identifies stocks exhibiting bullish momentum characteristics through composite scoring of technical signals.
This page explains the Jupiter momentum strategy. You'll learn about the composite scoring system, how stocks are evaluated on bullish bar patterns, new highs, and volatility, and how the portfolio is constructed from the top-ranked stocks.
Jupiter is a long-only stock strategy that identifies stocks exhibiting bullish momentum characteristics: strong price bars, new high patterns, and low volatility. It combines multiple technical signals into a composite score to find stocks poised for continued upward movement.
Each qualifying stock receives a composite score based on multiple bullish momentum factors. The score combines bar pattern analysis, new high detection, and volatility assessment to identify stocks with the strongest upward momentum characteristics.
Jupiter dynamically filters from thousands of stocks each day. Stocks must meet price and volume thresholds to qualify, ensuring adequate liquidity for position sizing.
This dynamic approach means the strategy can discover new opportunities as stocks meet the qualification criteria and naturally avoids stocks that have become illiquid or too expensive/cheap.
Unlike sector rotation strategies, Jupiter evaluates each stock individually. There is no sector grouping — every qualifying stock competes directly on its composite score.
This pure stock-level approach ensures the portfolio is always composed of the individual names with the strongest bullish momentum characteristics, regardless of which sector they belong to.
All trading signals are generated at market close (Day T) and executed at the next day's open (Day T+1). This ensures realistic backtesting without look-ahead bias.
After market close, compute composite scores for all qualifying stocks based on bullish bar patterns, new highs, and volatility. Rank all stocks by their composite score.
At market open, sell positions that are no longer top-ranked and buy new top-ranked positions. Equal-weight allocation across all positions.
All performance figures are based on historical backtesting and are hypothetical. Past performance does not guarantee future results. This momentum strategy is designed for bull markets with clear directional trends — it can experience significant drawdowns during bear markets or prolonged sideways conditions. The backtest assumes perfect execution at open prices with no slippage. Real-world trading will differ. This is educational content, not investment advice.