July 2015 Results

At 15.79%, July was our second best month so far this year.  But, there were way too many head fakes and I was stopped out an embarrassing six times.  There were major ECB and FOMB releases, breakouts that didn’t break out, breakdowns that didn’t break down, and the constant reports of Greece being either fixed or blowing up.

So, I suppose it could have been worse — especially given that it was our second best month this year.2015-08-01-SPX daily Jul 2015The S&P 500 index earned 1.97% for the month.  Our results, on the other hand, topped 15%.   Remember that these results reflect a theoretical portfolio of SPX that was either 100% long, 100% short, or in cash.  For full details on our calculations, please see the results tab.

Below are the daily calls as detailed in the blue boxes sprinkled throughout the daily posts.  Clearly too many flip-flops, and way too many stops were triggered.  But, again, it was a very challenging month that, in my opinion, entailed more manipulation than usual.

Screen Shot 2015-08-01 at 4.19.43 PMThe monthly results for 2015 so far are as follows, with an median of 13.76%.

Screen Shot 2015-08-01 at 4.34.04 PM

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