Stocks had their worst market performance results since 1987. Yet, in spite of that, Invested Central's October performance stood out ahead of the pack.
As volatility increased and the market continued to melt down, we relied on important technical and sentiment indicators, including the VIX, the Put/Call Ratio and the Bowley Trend to help guide us. In addition, we mostly moved away from individual stock alerts to ETF's to mitigate risk.
Our specific alerts for the month of October were as follows:
|
Symbol |
Alert Date |
Alert Price |
Target Price |
Removal Date |
Removal Price |
Percent Gain/(Loss) |
| AAPL |
10-3 |
97.50 |
109.00 |
10-7 |
89.16 |
(8.5%) |
| QQQQ |
10-10 |
30.90 |
36.00 |
10-14 |
36.01 |
16.5% |
| SPY |
10-10 |
87.95 |
108.00 |
10-14 |
104.88 |
19.2% |
| QQQQ |
10-15 |
32.13 |
36.00 |
10-15 |
31.00 |
(3.5%) |
| SPY |
10-15 |
94.25 |
105.00 |
10-16 |
89.15 |
(5.4) |
| QQQQ |
10-27 |
29.00 |
33.26 |
10-29 |
32.375 |
11.6% |
| SPY |
10-27 |
85.125 |
98.22 |
10-29 |
94.94 |
11.5% |
| STLD |
10-30 |
11.75 |
16.06 |
STILL ACTIVE AT END OF MONTH |
That's four winners, all double digit gainers, and three single digit losers during one of the worst months in history. Our stock market guidance truly is second to none.
As you can see, we were able to capture a very large part of the major rallies in October, starting with the SPY and QQQQ alerts on October 10, where we saw double digit returns in just two trading days.
We re-issued alerts on the SPY and QQQQ on the next pullback, a bit premature, so we exited quickly with minor losses.
We then re-entered the SPY and QQQQ on 10-27 and made another nice score within two days, ending the week with only one alert, STLD, still active.
Just when traders had thought they had seen the worst of thing, November came along and the major indexes reached levels that hadn't been seen for years. Many traders bailed out of the market, and some for good.
As volatility increased, and things got even rockier, we laid low, largely in cash for the month, with only a few select alerts issued to members. We continued our bias towards ETF's with three of the four alerts issued during November being ETF's, as we realized how difficult it has become to successfully trade individual stocks in this environment. Note also that we averaged down on all four of our November alerts, with an eye towards lowering overall risk and increasing reward potential.
Our specific alerts for the month of November were as follows:
|
Symbol |
Alert Date |
Alert Price |
Target Price |
Removal Date |
Removal Price |
Percent Gain/(Loss) |
| STLD |
10-30 |
11.75 |
16.06 |
11-5 |
10.36 |
(11.8%) |
| SPY |
11-13/11-21 |
79.85 average |
90.00 |
11-28 |
88.78 |
11.11% |
| QQQQ |
11-13/11-21 |
26.775 average |
30.00 |
STILL ACTIVE AT END OF MONTH |
| SMH |
11-14/11-18 |
16.875 average |
19.13 |
11-19 |
15.28 |
(9.45%) |
| JPM |
11-17/11-18 |
32.02 average |
37.19 |
11-19 |
28.47 |
(11%) |
As you can see, we had a couple of nice scores with the SPY and QQQQ alerts, while seeing losses on the individual stocks. Something VERY important to note here is how low JPM went after we were stopped out. Within two days of our triggered stop, JPM went to 19.69, or 30% below our exit price. This points out once again how critical it is to maintain stops, even when it results in unwanted losses.
DECEMBER 2008 ALERT PERFORMANCE
Through the early part of December, our ETF strategy paid off, with nice profits on the short end of the market on the SKF and RTH and nice gains on the QQQQs on the long side.
|
Symbol |
Alert Date |
Alert Price |
Target Price |
Removal Date |
Removal Price |
Percent Gain/(Loss) |
| QQQQ |
11-13/11-21 |
26.775 average |
30.00 |
12-1 |
28.50 |
6.4% |
| RTH (SHORT) |
12-8 |
77.40 |
71.50 |
12-12 |
72.19 |
7.2% |
| SKF |
12-8 |
107.21 |
145.00 |
12-10/12-12 |
128.225 average |
19.6% |
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