Mixed Markets Today

Many of our markets simply oscillated today. There were no super winners.

There is a new signal for tomorrow: sell gold short. So far this year, shorting gold was our worst signal. Last time is sited the ETF DZZ, which is double-short gold. DGZ is a single-short ETF that I would feel more comfortable with. The record on the system is: 37/50 for a 74% win ratio.

Our open positions are still doing well. The results are shown below. There were no positions closed out for the day. Note that curiously, the ETF on Cocoa is ahead, while the future is down. Again, the reason this phenomenon occurs is that the futures market trades all night (and fell) while the ETF market opened in the morning down, then rallied up during the day.

Good trading! And please let me know if you know of a single short gold ETF.

Open Positions Symbol Entry Stop Close Profit

Long Cotton CTH10 69.82 78.40 82.04 $6,110
Long Cotton BAL 34.02 37.03 38.75 13.9%
Long Russell TFH10 611.00 633.30 666.30 $5,530
Long Russell IWM 61.66 63.66 66.98 8.6%
Long Platinum PLJ10 1534.90 1554.80 1600.10 $3,260
Long Platinum PTM 18.40 18.44 18.98 3.2%
Long Aussie ADH10 90.47 90.70 90.84 $370
Long Aussie FXA 90.30 91.35 91.49 1.3%
Long Canadian CDH10 97.32 95.92 97.32 $0
Long Canadian FXC 97.05 95.64 97.04 0.0%
Long Cocoa CCK10 2828 2638 2802 -$260
Long Cocoa NIB 41.10 39.23 41.67 1.4%



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The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.