Most stock markets dropped over 3% today in dangerous trading. Our Short S&P position benefited. However, our position in coffee was narrowly stopped out, before coffee had a snapback. I was sad to see the position go; however, we pocketed over 8% on the ETF.
Closed Positions Symbol Entry Out Profit Days
Long Swiss SFU10 91.59 91.94 $437 2
Long Swiss FXF 91.71 91.21 -0.5% 2
Long Coffee KCU10 146.10 160.50 $5,400 16
Long Coffee JO 40.45 43.79 8.3% 16
Our open positions are shown below:
PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long Cotton CTZ10 79.31 77.82 74.71 -$745 19
Long Cotton BAL 38.51 37.97 36.45 -1.4% 19
Short S&P ESU10 1110.50 1035.30 1093.75 $3,760 8
Short S&P SH 50.17 54.40 50.94 8.4% 8
Short Euro ECU10 122.86 121.93 122.61 $1,162 1
Short Euro FXE 121.57 121.56 122.24 0.0% 1
Long Soymeal SMZ10 267.50 266.50 255.50 -$50 1
There is no ETF for soymeal.
There is one new signal for tonight: buy the Swiss Franc again. The system is 48 wins out of 61 trades for a win ratio of 79%. Good luck. Note: this signal again goes contrary the short Euro position.
Good luck to all, and mind the caveats below.
If you wish to be notified of new posts, let me know at bassanalytics@live.com. I will send you an email every time there is a new post.Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
Our purpose is to quantitatively analyze markets to identify trends and over-bought/over-sold situations. We use computer programs applied to large amounts of data and trade markets by mathematical algorithms. We track these algorithmically-generated trades with ETFs and Futures. This BLOG is provided free of charge. Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.
Historical Returns
The following represents the BLOG's 2010 ETF returns vis-a-vis other benchmark investment measures:
------------$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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