- We had minor updates in the Nasdaq 100 strategies. Please re-check your portfolio allocations on the site.
Logical Invest strategies performance
Monthly and year-to-date winners
For August, the monthly winners were the Universal Investment Strategy 3x Leveraged (+5.5%), the Crypto & Leveraged Top 2 Strategy (+3.7%), the US Sector Rotation Strategy (+3.7%) and the NASDAQ 100 Strategy (+3.6%).
The year-to-date best performer changed this month with the Investment Strategy 3x Leveraged (+28.5%) taking first place followed closely by the Maximum Yield Strategy in second place at +23.4%.
Market Outlook
Despite the recent and sudden 10% correction, the equity market has almost fully recovered and is once again flirting with new highs.
Gold has returned 21% this year and it is currently re-testing whether it can hold above the 2500 level. U.S. elections are approaching. Fed rates cuts are expected. Favourable seasonality (November/ December) is only a month away…
Are we looking at a further rally or has the market stretched too far?
Is it time for a correction? Or are we missing out on further strength?
From a seasonal perspective, September and October are good months to enter the markets. If you anticipate a potential correction, you may consider opting for a more diversified strategy, such as the Top 3 Strategies.
We’d love to hear your thoughts in our forum!
The Logical-Invest team.