Month-To-Date
0.97%
0.97%
Quarter-To-Date
-8.45%
-5.28%
Year-To-Date
5.99%
4.24%
One Year
5.47%
6.49%
Inception*
15.78%
13.01%
Performance
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*Inception: 01/04/2017 | *Annualized | All Data as of: 11/30/2018
Top 10 Current Holdings by Cumulative Return
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Top 5 Sectors by Cumulative Return
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Sector Allocation
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“Oh Baby, Baby, It’s a Wild World.” -Cat Stevens
Month in Review: Cat Stevens released his hit song “Wild World” in 1970, and despite the modest returns for the month of November (0.97% for both the Equity Trend Model and the S&P 500 Total Return Index) and on a Year-To-Date basis (5.99% for the Model and 4.24% for the Index), the market has reminded us about the “Wild World” of investing in equities 2018. The market peaked in January and pulled back and then peaked again in September just to pull back again. Both pull-backs were quick and significant. Now that we are one month removed from the second pull-back, investors and the market are trying to make sense of where we go from here.
The Equity Trend Model had five positions post negative returns with Apple Inc. (AAPL): -18.09% and TJX Companies Inc. (TJX): -11.08% being the only two posting double-digit negative returns. The remaining 12 positions in the model posted positive returns on a month-to-date basis with Medtronic PLC (MDT): 8.58% and UnitedHealth Group Inc. (UNH): 7.66% leading the way.
Ins and Outs: This was a big month for the model in the way of trading. The model closed 8 positions: Constellation Brands Inc. (STZ), First Data Corp (FDC), Honeywell International Inc. (HON), Marathon Oil Corp. (MRO), NVIDIA Corp (NVDA), Salesforce.com Inc. (CRM), Square, Inc (SQ), and Valero Energy Corp (VLO). Since the S&P 500 Index closed the month of October below its 200 Day Moving Average, the model did not reinvest the proceeds from the stock sales into new positions. The model will continue its risk-off approach until the S&P 500 Index closes the month above its 200 Day Moving Average.
About the model: Adams Wealth Management’s Equity Trend Model is a quantitative, trend-following model portfolio that invests in up to 25 individual equities. Our rules-driven model takes a risk-on/risk-off approach to investing focusing on stocks that are appreciating in price as the broader market trends higher. When the broader market is trending lower, the model will invest in fixed-income ETFs (exchange-traded funds) or a basket of fixed-income ETFs. The investment objective of this model is growth and may not be suitable for all investors. For purposes of comparison, this report uses the S&P 500 Total Return Index. For more information about this model, please read our disclosures.
Disclosures
This information provided is an investment model and does not reflect actual client(s) performance. This model may not be suitable for all investors. Adams Wealth Management seeks to provide investments suitable for all of our clients. As a result, many if not all of our clients will own varying allocations to this and/or other models. Clients with different objects have different results portrayed from this model.
The information provided is net of fees (1.5%). In addition, the results of this model reflect divided payments and other income from investments made.
The Standard & Poor’s 500 Total Return Index (S&P 500 Total Return) measures the total return including distributions of the Standard and Poor’s 500 Index (S&P 500). The S&P 500 is an unmanaged, market capitalization weighted index of 500 widely held stocks. The index is composed of 500 constituent companies and is often used as a benchmark for the U.S. stock market. Please note that investors cannot directly invest in an index.
All investing involves risk, including the potential for loss of principal. There is no guarantee this model will be successful.
