Charles Nenner Strategy NASDAQ / GOLD / CRUDE / NAT GAS / BITCOIN Performance September 2023
Total Return Strategy
Long and Short Positions taken on Futures Markets, usually front month.
Positions are taken immediately upon BUY and SELL signals, given on the Charles Nenner Research Center Newsletter Updates.
Monthly Performance September 2023
| C. Nenner | Market | CN YTD | |
| Nasdaq | 2.54% | -4.32% | 72.98% |
| Gold | -1.02% | -5.08% | 25.78% |
| Crude | 12.20%* | 9.44% | 91.47%* |
| NatGas | 14.37% | -6.93% | 109.85% |
| BTCUSD | -4.99% | 3.99% | 120.82% |
* Partial Return
Nasdaq
We closed our long position carried from late August on a 4% profit, and took a few trades with a small loss during the month, given the small trading range the futures were observing in mid-September. We still ended the month with a positive return of 2.54%, against a negative return for the Nasdaq of -4.32%. Our year-to-date return for the Nasdaq futures is at 72.96%.
NASDAQ Record of Positions in September
| DATE | DIRECTION | ENTRY | EXIT | P/L | P/L% |
| Aug-28 | LONG | 14991 | |||
| Sep-05 | CLOSE | 15600 | 609 | 4.06% | |
| Sep-07 | SHORT | 15385 | |||
| Sep-11 | CLOSE | 15501 | -116 | -0.75% | |
| Sep-11 | LONG | 15501 | |||
| Sep-18 | CLOSE | 15382 | 8-119 | -0.77% | |
| Sep-21 | SHORT | 15113 | |||
| P/L September | 2.54% |
Gold
Continued its trading range in September, and our position carried from August was closed with a small loss. Since cycles were down, we did not take a buy signal late in the month, and ended September with an open short position and a return of -1.02%, against -5.08% for Gold. Our strategy is still on a positive 25.78% return year-to-date.
GOLD Record of Positions in September
| DATE | DIRECTION | ENTRY | EXIT | P/L | P/L 5 |
| Aug-30 | LONG | 1966 | |||
| Sep-06 | CLOSE | 1951 | -15 | -0,76% | |
| Sep-06 | SHORT | 1951 | |||
| Sep-18 | CLOSE | 1956 | -0.26% | ||
| Sep-22 | SHORT | 1939 | |||
| P/L September | -1.02% |
Crude
Our position carried from August is still open in the first week of October with a Stop Loss forecasted for a daily close below 90. This position has so far returned 12.20% from the open, against a positive return for Crude of 9.44%. Year-to-date basis, our strategy is partially returning 91.47%.
CRUDE Record of Positions in September
| DATE | DIRECTION | ENTRY | EXIT | P/L | P/L% |
| Aug-28 | LONG | 79.69 | OPEN | ||
| Current Price | 89.41 | ||||
| Partial P/L | 12.20% |
Natural Gas
Our short position carried from August was closed late in September with a return of 14.37%. We finish the month waiting to get into a long position, since the cycles have bottomed. NatGas Futures were down -6.93% in September. Our strategy has a positive return for the year is returning 109.85%.
NAT GAS - Record of Positions in September
| DATE | DIRECTION | ENTRY | EXIT | P/L | P/L% |
| Aug-15 | SHORT | 3.27 | |||
| Sep-26 | CLOSE | 2.8 | 0.47 | 14.37% | |
| P/L September | 14.37% |
Bitcoin
We had a negative month for Bitcoin in September, finishing at -4.99%, against a 3.99% positive monthly return for the crypto currency. We enter October with an open long position, and our year-to-date return is 120.82%
BITCOIN - Record of Positions in September
| DATE | DIRECTION | ENTRY | EXIT | P/L | P/L% |
| Sep-01 | SHORT | 25927 | |||
| Sep-20 | CLOSE | 27220 | -1293 | -4.99% | |
| Sep-28 | LONG | 26361 | OPEN | ||
| P/L September | -4.99% |
Track Record of our long term positions in stocks
1. Intel
| DATE | DIRECTION | ENTRY | EXIT | P/L | P/L% |
| Jun-01 | LONG | 31.8 | |||
| Jun-22 | CLOSE 1/2 | 32.69 | 0.89 | 2.80% | |
| Sep-18 | CLOSE 2/2 | 37.62 | 5.82 | 18.30% | |
| Final P/L | 10.55% |
2. Apple
| DATE | DIRECTION | ENTRY | EXIT | P/L | P/L% |
| Jun-12 | LONG | 181.27 | |||
| Jul-06 | CLOSE 1/2 | 191.5 | 10.23 | 5.64% | |
| Sep-06 | CLOSE 2/2 | 183 | 1.27 | 0.9% | |
| Final P/L | 3.27% |
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