The S&P/TSX composite index is down 44.4% and the Nasdaq is down 37.0% since the ETF2X timers advised us to get out of the stock market in mid-June. There has been no change in the ETF2X timers so you should consider staying in cash, short or intermediate term bond ETF’s or be short the market.
In my own portfolios, my Canadian holding is the iShares Canadian Short Bond Index ETF (XSB) and my US holding is the iShares 7-10 Year Lehman Treasury Bond ETF (IEF). I am concerned that IEF has run up in price too fast and have therefore entered a tight stop on my holdings.
You can view updated performance tables and equity curves for the Canadian and US ETF2X models here and here.
As you can see in the following charts from Covestor, by investing as per my preferred ETF2X models over the past three months I have successfully beat the markets by a wide margin.
Canadian Account
US Account
Below are the return tables for the double exposure ETF models that I have developed.
Canadian Models
US Models
As for my performance relative to other individual investors at Covestor, I am now ranked number 23 based on absolute performance over the past three months.
