Wednesday Showed Most Positions Higher

Our positions moved up strongly today, led by Cotton up 1.2%, and Crude Oil up 1.0%. The loser for us was the Russell 2000, which was down .9%. Overall, the programmed portfolio gained ground.

There were two postions closed out today: short Euro Currency and Long Gold. Both had gains; the short Euro (long the U.S. Dollar) made 3.5% over a 16-day period. We are now "flat" the Euro, but long the Aussie and the British Pound (short the U.S. Dollar). Being long the Pound is counter-intuative to me, since the British Economy seems to be in worse shape than the U.S. However, these signals are computer-generated, and may indicate that the Pound has been over-sold on a short-term basis.

There are no new signals for tomorrow.

Open Positions Symbol Entry Stop Close Profit Days
Long Cotton CTK10 70.34 78.40 80.55 $5,105 56
Long Cotton BAL 34.02 37.78 38.82 14.1% 56
Long Russell TFM10 608.50 651.20 677.10 $6,860 44
Long Russell IWM 61.66 65.21 67.80 10.0% 44
Long Platinum PLJ10 1534.90 1572.10 1646.90 $5,600 35
Long Copper HGK10 341.15 349.90 355.35 $3,550 3
Long Copper JJC 47.49 47.56 48.30 1.7% 3
Long Aussie ADM10 90.90 89.35 91.00 $100 2
Long Aussie FXA 92.24 90.37 92.04 -0.2% 2
Long British BPM10 149.75 150.31 151.78 $1,269 2
Long British FXB 150.46 149.84 151.31 0.6% 2
Long Crude Oil CLJ10 82.50 83.02 83.76 $1,260 2
Long Crude Oil OIL 26.38 26.42 26.66 1.1% 2

Closed Positions Symbol Entry Out Profit Days In Out
Long Gold GCM10 1110.60 1114.90 430.00 2 3/30/10 3/31/10
Long Gold GLD 108.57 108.87 0.3% 2 3/30/10 3/31/10
Short Euro ECM10 136.78 135.46 1650.00 16 3/16/10 3/31/10
Short Euro EUO 20.20 20.90 3.5% 16 3/16/10 3/31/10


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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.