July Market Performance – Summary

The bull market continued in July 2018. The S&P 500 Index of U.S. large cap equities returned a strong 3.69%, while gold dropped -2.3%. The MSCI EAFE Index of international developed market equities also posted a healthy return of 2.5%. Emerging market equities, in the MSCI Emerging Markets Index, performed well too, returning 2.2% for the month.

Likewise in corporate bond markets, U.S. high yield bonds outperformed investment grade bonds, with the iBoxx Liquid High Yield Index gaining 1.2% while Barclays Aggregate of U.S. investment grade bonds was flat about 0.0%. International high yield bonds in the Markit Global ex-U.S. High Yield Index returned 1.7%, while the Citi Investment Grade Non-$ Corporate Index returned 0.2%. 

REITs in the U.S. returned 0.7% (MSCI REIT) and Foreign REITs 1.1% (S&P Global Ex-U.S. REIT).

Oil dropped -7.3% and gold -2.3%. Commodities in the Bloomberg Commodities Index dropped 2.1%.

In the last week of the month, 2Q GDP numbers came higher than we’ve seen in almost four years: the U.S. GDP grew 4.1% in the second quarter. 

Many thanks to James Picerno for the index return round-up.

In the context of July’s bull market, take a look at the returns on the iBillionaire platform.

 

Up first: The July performance of iBillionaire’s hedge fund manager strategies, ranked from best to worst.

Billionaires

Billionaire 1 Month 1 Year
Buffett 6.01% 5.32%
Icahn 4.39% 27.13%
iBillionaire Mix 3.42% 15.06%
Ackman 3.35% 4.66%
Tepper 1.72% 7.47%
Einhorn 0.65% 2.97%
Ray Dalio -0.19% 1.55%
Loeb -0.34% 8.63%

 

The July performance of select individual stocks (and a bitcoin and ethereum proxy) which are on iBillionaire’s investment platform

Stocks

Stock 1 Month 1 Year
Bitcoins 22.16% 76.86%
ETC Classic 19.62% -26.79%
Google 9.11% 24.68%
Spotify 8.67% -23.79%
Square 4.88% 141.48%
Amazon 4.57% 74.86%
Apple 2.80% 24.92%
Alibaba 0.92% 9.16%
Facebook -11.19% -3.53%
Netflix -11.21% 71.92%
Tesla -13.07% -5.84%

 

The 10 best performing strategies in July out of iBillionaire’s topic and trend strategies.

Top 10 Strategies

Strategy 1 Month 1 Year
Brazil ETF 12.28% -6.85%
3X S&500 10.44% 38.61%
Space 7.25% 22.48%
Green Stocks 4.91% 35.59%
Pure Water 4.80% 15.84%
Latam Unicorns 4.26% 1.60%
Emerging Markets 3.98% 2.50%
Dividends 3.93% 5.83%
S&P 500 3.70% 10.18%
Women 3.35% 8.07%

 

See the full list of July 2018 returns by clicking HERE.