Market Update - June 2017 - Sell in May and Go Away or NotSubmitted by Elite Asset Management on June 1st, 2017
We created a rule-based investment process that helps our clients maximize gains and minimize losses, by adjusting to current market conditions based on our proprietary indicators. When the markets are performing well, we'll shift to holding more equities, however when the markets are performing poorly, we'll shift to more defensive vehicles, either cash or bonds.
Our strategies and approach will remove confusion from investing and provide peace of mind through all market cycles.
We offer these strategies with no hidden fees, and no trading charges.
Dear Fellow Investor,
You might have seen on the financial news about "Sell in May and Go Away", however we don't blindly believe that. We maintained our equity exposure and used the market surge on June 1st to reduce our equity exposure and sell into an "up" day, to take some gains before heading into a possible volatile month. One of the many benefits of our strategies is that even during months when there is no strong trend, like May, we still matched our benchmarks. All of our strategies were up at least 1.00% for May, which only added to our strong performance. We now have three strategies over 10.00% for the year and four out of six of our strategies are beating the S&P YTD.
Our YTD strategy performance is listed below:
S&P 500® Index Total Return: 8.66%
Click to view the performance gross of fees as of 5/31/17 for 1 month, 3 month, 6 month, YTD, and 1YR. PERFORMANCE
If you do not follow systematic investment rules, then it is easy to succumb to our emotions that cause us to buy and sell at inappropriate times.
Very Truly Yours,
Basic 401k Strategy
This strategy can be replicated inside most 401k's. This strategy adjusts quarterly and is designed for investors who don't want to worry about up the daily ups and down of the market, yet want to follow the overall trend.
401k Strategy: 9.50% YTD
Recent Blog Posts & News
In an effort to better educate our clients, current and potential. I've created short white papers that explain our approach to investing and what makes us different. I recommend you download them to better understand our investment approach and our firm.
Until next month.