8 November 2017: The first year

It is one year ago that Donald Trump won the election to become President of the United States. How did the US economy and stock markets perform in that period? Earnings reports from US companies looked better than expected on average, employers have added almost 2 million jobs and the S&P 500, the broadest benchmark in the stock markets, has soared by 22%. This has all happened without the implementation of any of the plans that Donald Trump has proposed to stimulate the US economy. What will the second year after Trump’s election look like? Most advances that are made in the economy and the stock markets are based on the outlook of Trump’s plans. The first year after his election has shown that President Trump has a hard time to get his plans accepted in the US Congress. Expect the second year to be more unruly than the first year after his election.

white-chapel-logo-smallMajor US indices were mainly unchanged yesterday. The Dow ended 0.04% higher and the S&P 500 closed 0.02% lower. The NASDAQ suffered a somewhat bigger loss: -0.27%. Volatility came off its low levels: the VIX rose more than 5%, but is still in single-digit territory. UVXY ETFs gained 1%. XIV ETNs lost half of that.
Danny Daredevil regained some of the losses he made yesterday. His RSS closed at 23%. Adventurous Anny is still holding cash. Her RSS was unchanged at 15%. Solid Suzy and Lazy Larry had to take a small step back. Their RSS is now just below 70%.
None of our models gave a trading signal at the end of yesterday’s session.

Model Holds Start date

RSS

YTD

QTD

AAR

Danny Daredevil UVXY 1 January 2016

22.54%

-69.60%

-12.04%

12%

Adventurous Anny Cash 6 March 2017

15.37%

15.37%

6.34%

24%

Solid Suzy XIV 6 March 2017

69.56%

69.56%

15.91%

118%

Lazy Larry
XIV 6 March 2017

69.56%

69.56%

15.91%

118%

RSS = Return Since Start | YTD = Year-To-Date | QTD = Quarter-To-Date | AAR = Average Annual Return

 

A one-minute strip generator production (IV)

Meanwhile in some parallel universe: another episode of the one-minute strip generator production. Powered by stripgenerator.com and the mind of one of These Dutch Guys.