So sang the "Mamas and the Papas." Remember that rock group?
Good evening!
Today gave us many closed out positions via computer-generated stops. Those closed-out positions are shown below.
The open positions are also below. Note that Platinum futures are still active, while Platinum ETF is out. This is clearly an anamoly.
The Russell ETF is up 10.9% since 2/16. Obviously, this was a good time to get in. This kind of gain would be great for a year, let alone a month. However, I must tell you that the same computer system that generated this buy, has now generated a sell signal for tomorrow. It doesn't seem intuative. Most market gurus that I have read, say follow the trend, and the trend is up. So, take it for what it's worth. It is another signal generated by the computer. Sell short the Russell 2000. Please note the caveats below. This is not a recommendation--it is just a mathematical result. You should consider this in light of the council of a professional.
Open Positions Symbol Entry Stop Close Profit
Long Cotton CTK10 70.34 78.40 82.49 $6,075
Long Cotton BAL 34.02 37.75 39.72 16.8%
Long Russell TFM10 608.50 644.70 680.00 $7,150
Long Russell IWM 61.66 64.81 68.36 10.9%
Long Platinum PLJ10 1534.90 1563.30 1601.30 $3,320
Short Euro ECM10 136.78 136.35 135.61 $1,462
Short Euro EUO 20.20 20.55 20.66 2.3%
Long Yen JYM10 110.71 110.85 111.03 $400
Long Yen FXY 109.40 109.83 110.01 0.6%
Closed Positions Symbol Entry Out Profit
Short Silver SIK10 17.01 16.86 750.00
Short Silver ZSL 4.51 4.36 -3.3%
Long Sugar SBK10 18.70 18.04 -739.20
Long Gold GCJ10 1124.50 1099.50 -2500.00
Long Gold GLD 110.10 107.53 -2.3%
Long Aussie ADM10 89.58 90.05 $490
Long Aussie FXA 90.30 91.11 0.9%
Long Platinum PTM 18.40 18.61 1.1%
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Any views expressed herein are provided for information purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.
The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
Our purpose is to quantitatively analyze markets to identify trends and over-bought/over-sold situations. We use computer programs applied to large amounts of data and trade markets by mathematical algorithms. We track these algorithmically-generated trades with ETFs and Futures. This BLOG is provided free of charge. Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.
Historical Returns
The following represents the BLOG's 2010 ETF returns vis-a-vis other benchmark investment measures:
------------$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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