August 2018 US Portfolio Performance Report. Overall = +74.80%, YTD = +0.41%, Q3 = -3.08%

This year's August was great month for US stock market. Despite August's reputation of being a bad month for stock market, all the 3 major indices posted strong gains for the month with S&P500 and NASDAQ both hitting an all time high. Dow Jones: +2.16%, S&P500: +3.02% and NASDAQ: +5.70%. The strong economic data coupled with investors optimisms are pushing up prices despite ongoing global trade tensions and currency rout appearing in certain emerging markets (Argentina, Turkey, Indonesia).

This month, my system's US portfolio had another negative month posting a loss of 1.20%. Many of the stocks held recently turned out to be some bull traps which the system promptly cut loss. Well, good thing is my YTD return is still positive and overall return is still way beyond S&P500. Let's hope for a better Sept.

Q3 return is -3.08%.

The portfolio YTD return is now +0.41%.

Total return since inception (from June 2016) is now +74.80%.

As per my weekly report, despite the system still maintaining bullish outlook, it appears to be plateauing and the risk taking appetite of investors are dwindling so it pays to stay cautious as we move into September which is notorious for being a month of negative returns. Of course the market might surprise us again. We'll see...


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