Please accept my apologies for being so tardy with this month’s analysis. I’m grateful there are no trades this month – no one missed any of the action. Pro-Folio USA will remain fully invested for the month of October. Current market conditions are the same as I discussed last month: “Despite the seemingly strong market, I have been reading much about weakening consumer demand. A correction or downturn in the US stock market is a legitimate threat, but tough to predict with any precision. Be careful out there!”
The Pro-Folio USA model evaluates its holdings on a monthly basis. There are no trades this month. As of the last trading day of September (30th), we have the following trade signals:
For existing investors:
You should have spent the month of September invested equally in the above 5 holdings, with no cash on the side.
For new investors:
If you are new to Pro-Folio USA this month, you should divide your portfolio into 5 equal parts, and invest one of those parts in each of the securities shown above, marked as “HOLD” or “BUY.” Because you didn’t invest in the “HOLD” components of the model at the time when the buy signal first turned positive, your return on these initial trades may not be reflective of the model’s typical expected returns.
It is worthy of repeating what I said last month:
Some analysts will say that markets going up in the summer are driven by uninformed individual investors since many big money holders are quieter in the summer months. We are seeing some strong highs currently, which makes me concerned about what will come in the autumn.
As I noted: The “smart money” is confident about an impending pullback, but even they don’t know exactly when it is going to occur. Fortunately for us, the Pro-Folio USA model has never lost more than than 1% of portfolio value: that was 2008, the worst year in recent memory and the only year on record that Pro-Folio USA lost value. Keep in mind, the long term average growth of the model is north of 8% per year. We can continue to follow the model with confidence that our assets will be protected.
If you want to get the PDF booklet showing you how to implement the Pro-Folio USA trading model on your own, click here.
If you want to learn more about the Pro-Folio Global upgrade portfolio, click here.
Enjoy the cool temperatures and beautiful fall foliage! Thank you for your interest in Pro-Folio USA!