May 2018 Portfolio Performance Report for SG market -3.69% YTD +79.61% Overall

STI did not do well in May. The well-known trading adage 'Sell in May and go away' indeed came true for SG market. STI lost a total of 5.14% erasing all the gains it made in April. The fear of trade war, Italy's political turmoil shaking global market, Malaysia's political uncertainties after Pakatan Harapan surprise victory were among the reasons depressing the market. This month, my system's SG portfolio were also in the red but managed to beat STI with a time weighted return of -3.93%.

My SG portfolio has been whipsawing between positive and negative territory so far this year. Year-to-date time weighted return turned negative this month to -3.69%. For most part of May, the system is around 50% in cash. Overall time weighted return since inception (from June 2016) lowered to +79.61%.

Take note that based on my system analysis, the SG market is not in a very good shape. The number of uptrending stocks continue to decline and STI is currently sitting on the 200MA and testing an important support region. The system maintains a cautious outlook for SG for now.

While for US, the system has turned short term bullish with the recent rally in small caps and basic materials. Check out this post at https://diyquantfund.blogspot.com/2018/06/may-2018-portfolio-performance-report_2.html for more details on the system US portfolio performance.

Time Weighted Returns by year

Monthly returns



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