Frank Loesser wrote the “Baby, It’s Cold Outside” in 1944 to sing with his wife, Lynn Garland, to indicate to their party guests when it was time to leave, and investors took the same cue in December.
Despite the modest returns for the month of November, the market has reminded us about the “Wild World” of investing in equities in 2018.
Despite the poor start to the fourth quarter, the Equity Trend Model stayed positive year-to-date and on a one year basis up 4.98% and 6.75% respectively.
Equity Trend followed up its strong strong month in August with a positive return for September gaining 1.27%.
The S&P 500 Total Return Index was up 3.40% in August while Equity Trend finished up 6.61% nearly doubling the return of the index for the month.
The Equity Trend Model posted a return of 2.60% in July. Despite the solid return, the Equity Trend Model underperformed the S&P 500 Total Return Index which posted a return for the month of 3.72%.