ROI Note Pinnacle July 2019

The non-directional Pinnacle strategy has been doing well generating solid positive returns each month for 2019.  Even with our conservative implementation where we keep our exposure level at 30% to 40%, which provides us sufficient cash to maneuver through periods of high volatility, we are still able to generate solid monthly gains.  This strategy has been optimized and adapted to the “New Political Era” where it can handle the volatility coming out of Washington DC, and capital preservation and safety are a top priority.  Since April 2019 when the Federal Reserve signaled that they were willing to lower interest rates to keep the economy growing, this has put a floor under the market and has reduced volatility. This reduction in volatility is optimum for this strategy and we anticipate that this strategy will continue to generate solid positive returns through the balance of 2019.