September 2018 US Portfolio Performance Report. Overall = +87.55%, YTD = +7.74%, Q3 = +3.99%

Despite September being a notorious month for stock market returns, Dow Jones and S&P500 managed to book a positive monthly return of 1.90% and 0.42% respectively with Dow reached a new high of 26,769.16 on 21st Sept. NASDAQ on the other hand had a slight drop of  0.77%. The strong employment data coupled with US, Mexico and now Canada finally reaching an agreement on a new NAFTA (oh now it's called USMCA) deal reversed losses in the earlier part of the month. Nothing seems to be able to stop this raging bull that began in June..

Well, my portfolio had a good September too. The sale of Nevsun (NYSE:NSU) made me a profit of 61.17%. Despite only having less than 50% capital invested, the portfolio managed to gain +7.30% for the month while SPY (the benchmark I'm comparing with) only had a return of +0.59%. Q3 return turned positive as well at +3.99%.

Portfolio September return: +7.30%

Q3 return: +3.99%

YTD return: +7.73%

Total return since inception (since June 2016): +87.55%

The system is still maintaining bullish outlook for the overall market but see the prices flattening. This means we could be reaching the peak of the market, at least for the short term. Despite the major indices reaching new highs, other stocks in the boarder market are not and the cash level of the system is uncomfortably high. Still, I hope this anomaly is just for the short term. Let's hope October is another great month despite being well known for major stock market crashes.


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