Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

Don’t Fear September – Paul Price – Market Shadows

A Nice Start to the Most-Feared Month

September may have the worst cumulative results of any month but its first four trading days this year were pretty good.

Don't Fear September

Liquidity moves markets!

Follow the money. Find the profits! 

The holiday shortened week saw the NASDAQ lead with a 2.0% gain. The broad-based S&P 500 advanced by 1.4% and the DJIA added 0.8%.

Our Virtual Value Portfolio did well also. Since our Oct. 26, 2012 inception we are + 23.0% in total return. The S&P 500 has grown by 19.27% over that same time frame.

VVP results as of Sep. 6, 2013

We sold two positions last week. Johnson Controls (JCI) went out for a 61.5%, 10.5-month profit. Dollar Tree (DLTR) gained 16.3% for us after just 5 months. We managed to beat Murphy’s Law as well. Both stocks were trading lower at week’s end than where we sold them.

Our cash reserve now sits at 9.5% of our total portfolio value.

See details on all closed-out trades and current positions here Market Shadows’ Equity Portfolio

If you are not already a registered subscriber…

Sign Up for Free Alerts from Market Shadows

The opinions expressed are those of Market Shadows and the author, not those of the Wall Street Examiner. The Wall Street Examiner provides market commentary content for Market Shadows without compensation at this time but with the expectation of possible future consideration. The Wall Street Examiner does not participate in stock or options selection or strategy recommendations for Market Shadows and makes no representation regarding the accuracy or validity of the ideas expressed in the post. No recommendation or endorsement is intended or implied. This post is presented for informational purposes. Do all necessary due diligence before considering any investment.

Try Lee Adler's Technical Trader risk free for 90 days! Follow the money. Find the profits!

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.