Market Performance For September
Historically, September is the worst month to be in the market. The returns are normally -0.47% on an average for $SPY when u look at the average performance over the last 50 years. For the month of September of 2017, the 3 major indexes had an above average positive performance as indicated below. I have indicated in parenthesis the year to date performance as well:
- $SPY ... +1.51% (+12.39%)
- $QQQ ... -0.52% (+22.76%)
- $DJI ... +2.08% (+13.37%)
Where Are We Headed
I still have a very bullish bias towards the market. I pore over a 100 stock charts every weekend and study the performance of the Leading Growth Stocks that have a Relative Strength ratings (RS) above 90. I continue to locate opportunities to profit from Leading Growth Stocks consistently. We are heading into the best 3 months of the year in the market. My projections for the year end performance for the 3 major indexes are:
- $SPY ... 260 (+16.52% for the year)
- $QQQ ...154 (+30.00% for the year)
- $DJI ...23,300 (+17.83% for the year)
Performance Of My 17 Stocks Was +5.63% For September
Currently I still have the 17 stocks with trailing stops in place. None of the trailing stops have been triggered either for loss or for profit yet. They have all been adjusted before the market opens on Monday for the first session of October. Here is the summary of the results of those 17 stocks.
- Total entry price for 17 stocks ... $2144.89
- Total current price for 17 stocks ... $2265.55
- Total Profit for 17 stocks ... $120.66
- Total % profit for 17 stocks ... $+5.63%
I have added 4 more positions from the profits that was harvested.
- $CGNX $111.80 (9/22)
- $CTRL $ 27.50 (9/25)
- $LRCX $171.00 (9/25)
- $AMAT $ 48.85 (9/28)
Mentoring Program
Retail investors and traders should be able to outperform the market because we are more nimble. Institutions such as hedge funds, pension funds and mutual funds take several weeks to get into a full position and it takes them just as long to exit their positions as well.
Every investor ought to examine their portfolio and be asking the question:
- Has your portfolio outperformed the $SPY performance of +16.52% year to date
- Would you like to learn How to consistently Outperform the market like I do?
Schedule a FREE 30 minutes of "Discovery Call" with us to see if you qualify for our program.
Contact us at:
investorspotlight@gmail.com
We are heading into the best performing quarter of the year. Take control of your financial future. Your hedge funds and investments in the mutual funds is not going to get you ahead in the market. Instead of paying them the 1% to 2% fees, why not invest that money in educating yourself.
Happy Trading!
Amin
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