The Copper ETF was up 2.5% today, while the Cotton ETF surged 2.8%. The Russell 2000 stock index was up .8%, a respectable one-day move for any investment.
There are no new signals for tomorrow. Some of our open positions are doing very well: see below.
Open Positions Symbol Entry Stop Close Profit
Short Euro EUH10 144.97 137.00 135.24
Short Euro EOU 18.49 20.32 20.57 11.2%
Long Cotton CTH10 69.82 72.72 78.13
Long Cotton BAL 34.02 34.72 37.55 10.4%
Long Canadian CDH10 94.10 95.01 95.50
Long Canadian FXC 94.09 92.50 95.66 1.7%
Long Russell TFH10 611.00 614.50 628.20
Long Russell IWM 61.66 61.61 62.98 2.1%
Long British Pound BPH10 1.5682 1.5370 1.5420
Long British Pound FXB 155.53 155.17 155.67 0.1%
Closed Positions Symbol Entry Out Profit
Long Euro ECH10 1.36 1.36 137.5
Long Aussie ADH10 88.50 88.94 440.00
Long Aussie FXA 89.95 88.84 -1.2%
Any views expressed herein are provided for information purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.
The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
Our purpose is to quantitatively analyze markets to identify trends and over-bought/over-sold situations. We use computer programs applied to large amounts of data and trade markets by mathematical algorithms. We track these algorithmically-generated trades with ETFs and Futures. This BLOG is provided free of charge. Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.
Historical Returns
The following represents the BLOG's 2010 ETF returns vis-a-vis other benchmark investment measures:
------------$Initial-----%Growth----$Return-----$Result
BLOG-----$100,000----26.6%-----$26,646-----$126,646
S&P 500--$100,000----12.8%-----$12,783------$112,783
1.5% CD--$100,000-----1.5%----- $1,500-----$101,500
S&P result excludes dividends.
Return on one Futures Contract: $137,684 (roughly margin of $25,000 to $50,000).
Please see the BLOG page on "Shortcomings and Limitations."
------------$Initial-----%Growth----$Return-----$Result
BLOG-----$100,000----26.6%-----$26,646-----$126,646
S&P 500--$100,000----12.8%-----$12,783------$112,783
1.5% CD--$100,000-----1.5%----- $1,500-----$101,500
S&P result excludes dividends.
Return on one Futures Contract: $137,684 (roughly margin of $25,000 to $50,000).
Please see the BLOG page on "Shortcomings and Limitations."
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