The past three months have seen the FTSE 100 tank 28 per cent. But even during such a savage sell-off, some blue-chip shares have made holders money. These are the stocks that will be leading the charge for my quarterly blue-chip momentum portfolio. These best-performing shares also provide clues about where refuge may be available for those seeking it.
I’ve delayed this momentum screen by a couple of weeks because I felt exceptional market conditions meant there were a few other screens that could provide more timely insights for readers ('cheap as they’ve ever been' and 'high-yield low-risk'). That said, knowing what stocks have performed best and worst during the crash is valuable in trying to make some sense of the markets, and this is something my quarterly momentum screen tells us.
The screen simply selects the 10 best-performing stocks of the past three months as its 10 long picks and the 10 worst-performing as the 10 short picks.