Hello everyone.
It’s the end of year 2022 and in this post we have combined both November and December performances. And we will also be giving an overall summary for our trading performance in the past 6 months since we started.
If you missed out on our previous reviews, you can check them out here:
As usual we’ll quickly go through a few things you should know about our system.
How does our AI work?
So basically our AI pick stocks daily and our system ensures that profits are taken on the same day. If for whatever reason our picks stays in the market, our system may adjust the TP so that it can exit the next day. Sometimes you may see changes in the EP. As advertised, for subscribers following our stocks, they get updated with real-time changes from our system, depending on the market conditions.
How do we evaluate our AI performance?
Profit or loss – Number of stocks that profited during the market session. Or the number of stocks that hit our stop loss.
Direction – Although we don’t count the stocks towards our monthly performance, we do take note whether the stocks we picked were in the right direction (PNDJ) or the wrong direction (PND), where in both cases the stocks did not enter the market.
Withdrawn stocks – Stocks that were withdrawn by our system due to gap in opening prices were also recorded.
Stock Picks for November 2022:
Overall Performance for November 2022
Stock Picks for December 2022
Overall Performance for December 2022
Overall Portfolio Gains since March 2022
Win rate = the percentage of profit over the stocks traded in the particular month
Return = total actual profit gained
Cumulative returns = accumulated profit from March 2022
Against major market indices
November*
S&P Index : 5.6%
NASDAQ : 5.6%
DOW : 6.0%
*Source: https://www.nasdaq.com/articles/november-2022-review-and-outlook
December*
S&P Index : – 6.4%
NASDAQ : – 10.2%
DOW : – 4.4%
2022
S&P Index : – 19%
NASDAQ : – 33.1%
DOW : – 8.8%
*Source: https://www.cnbc.com/2022/12/29/stock-market-futures-open-to-close-news.html
On the last day of November, Federal Reserve Chair Jerome Powell spoke at the Brookings Institute, signaling a downshift in the pace of tightening of interest rates and he didn’t back down an inch from his view that the Fed’s key policy rate is headed to 5%. Despite his hawkish views, all three indexes rallied to finish positive for the end of November.
However, the major indices did not fare well in December and the overall year 2022 marked Wall Street’s worst annual performance since 2008. High inflation caused by loose monetary policy and the fallout from Russia’s war in Ukraine contributed to the downturn. Additionally, governments all over the world are anticipating that the developed world is heading for a severe recession in 2023 amid an aggressive tightening from major central banks to rein in such price growth, ultimately leading to job losses and downward earnings revisions.
As you can already see from the tables, compared to the major indices, our stocks performed tremendously well in December with a return of 16.03%, resulting in a cumulative return of 95.43%. The result truly speaks for itself and is proof that our AI system performs well even when the major indices are suffering. Our AI system maintained an average winning rate of 73% throughout the months regardless of the market situation on a particular day.
It’s your time to decide now. You’ve seen what our AI system can do, what are you waiting for then?
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