We are long the Canadian and Cotton. We are still long the Russell 2000; it was not stopped out intra-day as I had said on Friday. However, most of the ETF followers would most likely still be in; and the position is still valid.
In addition: another new signal to buy the Russell, a new signal to buy the Aussie, and a new signal the buy Coffee.
The new Russell signal will not be formally tracked, since it is a duplication of Friday's signal. Note that its record is 17 wins out of 17 trades for 100% historically. Unlike the currently running Russell signal, this second signal has a deep 5% initial stop, so if it fails, it fails big time. This, in the middle of a traditionally bearish seasonal market, makes it anything from certain (most things aren't!)
The Coffee signal is the first such signal for the BLOG. Be careful on Coffee; it moved up hugely on Friday. Therefore, it may be due for a pullback before it resumes an upward trend. Also, I may pull Sugar from the BLOG as the initial stop is very deep as a percentage of the initial price.
Coffee: 25 wins out of 29 trades historically for 86%. Symbols: KCU10 and JO.
Aussie Dollar: 43 wins out of 58 trades for 74%(revised upward from the previous post); however, very shallow in initial stop. Symbols: ADU10 and FXA.
Best of luck!
PORTFOLIO Symbol Entry Close Stop Profit Days
Long Russell TFM10 634.10 644.80 637.20 1070 5
Long Russell IWM 63.29 64.94 64.17 2.6% 5
Long Cotton CTN10 82.70 81.40 77.80 -650 3
Long Cotton BAL 38.51 38.51 36.81 0.0% 3
Long Canadian CDU10 96.91 96.99 95.51 $490 3
Long Canadian FXC 96.76 97.75 96.26 1.0% 3
Closed Out Positions
Long Yen JYM10 109.26 109.47 262.5 2
Long Yen FXY 108.18 108.51 0.3% 2
If you wish to be notified of new posts, let me know at bassanalytics@live.com. I will send you an email every time there is a new post.Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
Our purpose is to quantitatively analyze markets to identify trends and over-bought/over-sold situations. We use computer programs applied to large amounts of data and trade markets by mathematical algorithms. We track these algorithmically-generated trades with ETFs and Futures. This BLOG is provided free of charge. Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.
Historical Returns
The following represents the BLOG's 2010 ETF returns vis-a-vis other benchmark investment measures:
------------$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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