Total Portfolio Return: US +64.40% SG +30.26%

November 2018 US Portfolio Performance Report. Overall = +76.72%, YTD = +1.52%, Q4 = -5.65%


US market fared better in November than October. The market whipsawed throughout the month started with the expected results of the mid term election which rallied the market, followed by a tech sell-off due to the dimmed outlook of iPhone sales and ended with another rally due to the dovish Fed's outlook and optimism in Trump and Xi coming up with a trade deal during the G-20 summit. For the month, Dow Jones rose 1.68%, S&P500 1.79% and NASDAQ  0.34%.




My US portfolio stayed 100% cash for a large part of November while the market whipsawed. The system started loading only near the end of the month after the mid term election has ended and after the Federal Reserves dovish comments.




Portfolio October return: +0.59%

Q4 return: -5.65%

YTD return: +1.52%

Total return since inception (since June 2016): +76.72%

Overall market trend has been falling since October. Trump and Xi's agreement on a 90 days trade war truce during the G-20 summit coupled with the Fed's dovish stand will provide some support for the market. However uncertainty still cloud the trade war discussion and whether an agreement can eventually be reached. In addition the flattening of yield curve and the impending rate hike in December will keep investors on their toes. I am hoping to see a Santa rally in December but that seems to be slowly diminishing.

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