Stock  Market  is  Data  Driven

Ignore all the noise in the market and look at what the data tells you when you look at a stock chart.  Last week all we had on tv and print media was about Mr. Kavanaugh - the supreme court nominee - or tweets from Mr. Trump on tariffs and his speech at the UN blasting at China and the WTO (World Trade Organization).  Jeremy Powell decided to raise interest rates and from the way everyone was discussing on tv, you would think it would lead to a recession.  Interest rates were over 4.5% at the start of the recession and we are no where close to that yet.  All the talk of North Korea and Iran pursuing their nuclear programs is now on the back burner.  Market keeps humming along without a misstep with all the media noise in the back ground. 

In my talks at the investors meetings in the local area, I quite often remark:

"Market has no religious or political bias"

Last week, Mr. Warren Buffett was interviewed on CNBC Morning Squawk Box show and he shared his views very well about the politics and mid term elections we are facing in just 5 weeks.  I will share with you some data on mid term elections in my post next week.  It will be quite an eye opener  Please listen to the link below of the interview:

https://youtu.be/56R_tMGRq0M 

Market  Performance  for  September

September is the worst month traditionally when you look over the performance over the last 50 years.  $SPY  exhibits a performance historically of  - 0.47%.   2017 and 2018 have been an exception since they both have been in a positive territory.  Performance for the 3 major indexes and the leading sector for the month of September is as follows:

• $QQQ   ... - 0.46%
• $SPY    ...  + 0.14%
• $DJI      ...  + 1.90%  
• $XLV     ...  + 2.54% (Health Care Sector)

Health care has been creeping up slowly and methodically since July of this year.  We have a gain of  +14%  in the sector since July of this year.  Institutions have been harvesting their profits from the leading stocks in the technology group - especially the software group and deploying them in the Health Care Sector.  Some of the leading names in this sector are $HCA, $CNC, $UNH, $AET to name a few.  They will all be reporting their 3rd quarter earnings in the next 2 to 3 weeks.  They have all been consolidating for the last couple of weeks.  

Mentoring  Program

 "The only thing that stands between you and your dreams is the will to try and the belief that it is actually possible"

By Joel Brown (entrepreneur)

Leading Growth Stock index  $QQQ  exhibits a performance of + 19.28%  since January of this year.  In 2017, it was just as stellar with a performance of  + 21.9%.  We are heading into the best 3 months of the year.  None of the news on tv and print media have derailed the market since the Brexit event in summer of 2016.  It pays to learn and understand the data of the stock charts and the performances of the leading sectors in the leading index.  

I have only 2 slots left for our  "Mentoring Program"  for the current quarter.  This will be a very busy and a very profitable quarter in the market.  Schedule a  FREE  30 minutes of  "Discovery Call"    with us and secure your spot now.  Let us mentor you to profit and Out Perform the Market.  If your financial advisor or hedge funds has not performed as well as what the leading Growth Stock index  $QQQ  has done with  + 19.28%  year to date, you ought to consider taking charge of your own portfolio management.  Don't procrastinate and miss out on the opportunity to make a huge difference in your portfolio.

Happy Trading!

Amin