Dynamic Momentum System – Outcome and New Rankings

by Monty Pelerin
Monty Pelerin’s World

The Dynamic Momentum System ranks TLT first again for August. Important take-aways for the month and year-to-date are as follows:

  • TLT top-ranked for August, despite strong stock market performance.
  • Based on the close of TLT on Friday, July 30, the return for the Dynamic Momentum System was 2.4% for July. The S&P benchmark returned 6.9% in a remarkable turnaround for the month.
  • On a year-to-date basis, the rankings from the Dynamic Momentum System continue to outperform the S&P. The out-performance shows DMS at 74.9% return versus a 6.5% for SPY.
  • The DMS has outperformed the benchmark for three of the six months this year. The large YTD difference comes about primarily from two outstanding months for DMS which produced double-digit returns.

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