According to CNBC

  • The Dow Jones Industrial Average rallied 7.2% this month, notching its best June performance since 1938.
  • The S&P 500 posted its best first half of a year since 1997, soaring 17.3% and reaching an all-time high.
  • Semiconductor ETF (SMH) notched biggest one-month gain since September 2010.
  • Gold surged more than 7% in June, its biggest gain since June 2016.
  • Oil surged more than 9% in June.

Common sense would tell you that July performance is not likely to be a repeat of June. Reality is though of course that none of us know that.  What we do know is that we have several unique ways to invest your monies, all of which are performing admirably. 

Some highlights of the past month for the Alpha Wealth Funds group. These results are all preliminary and before fees:  The three hedge funds returns are produced by an independent third party and audited annually by a PCAOB certified auditor.

  • The Insiders Fund was up over 11% for the month of June and nearly 27.6% YTD. That makes two months this year alone where we posted double-digit returns. We went back and looked at our prior history and the only month with similar returns was 18% in May of 2009, a year in which the strategy produced returns over 65% net of fees. We don’t expect that as then insiders were buying the market hand over fist- they have been largely absent since a burst of buying last December when the market had its worst year-end month in 80 years. There is a similarity though in that 2008 and 2018 were both bad years for the insider strategy yet the year following it has been exceptional.
  • The Volatility Advantage Fund was up an eye-popping 17% for June and 50.44% YTD.  Our newest fund got off to a rocky start in 2018 but has been rapidly redeeming itself. Manager Chase Thomas expects to have a record year if we can get another volatility spike or two- and if most importantly we can be on the right side of it as he has done historically- last year being a glaring exception.
  • Theta Investments was up 2.80% for the month and about 7.75% YTD. Don’t le