Yesterday, we communicated a buy signal for the Russell 2000 small-cap stock index. Today, the index rose a whopping 3.4%. This was the biggest rise for any of the computer-monitored investments we track.
PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long Soymeal SMZ10 267.50 282.30 274.10 $1,480 24
Long British BPU10 152.87 152.57 151.19 -$188 4
Long British FXB 151.81 151.98 150.61 0.1% 4
Long Russell TFU10 611.30 632.00 616.30 $2,070 1
Long Russell IWM 62.18 63.42 61.84 2.0% 1
The ETF gapped up, so it didn't get the full rise of the Russell. However, the future captured it all.
We have three intriguing new signals for tomorrow: buy silver and buy copper.
For silver the symbols are SIU10 and SLV. The statistical data are 54 wins out of 70 trades for 77%.
For copper the symbols are HGU10 and JJC. The statistics are 97 wins out of 149 trades for 65%.
It is interesting to see that we went from no positions to possibly four open positions--our limit is five.
Good luck!
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.
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