After a string of wins that lasted almost a month, the BLOG suffered a number of losses today. The Law of Large Numbers predicts that even when the probabilities favor a given direction, there will nonetheless be losses. Today we accumulated our share. However, nothwithstanding today's action, our year-to-date return on ETFs is over 18%, with mathematically extrapolated annual return of over 20%. The positions closed out today are as follows:
CLOSED OUT SYMBOL ENTRY OUT PROFIT DAYS
Long Soybeans SF10 1196.00 1218.50 $1,125 2
Long Silver SIZ10 27.550 27.450 -$500 2
Long Silver SLV 26.64 26.99 1.3% 2
Long Aussie ADZ10 98.61 97.01 -$1,600 2
Long Aussie FXA 99.04 97.54 -1.5% 2
Long Platinum PLF11 1668.90 1641.40 -$1,375 5
Long Platinum PTM 19.92 19.48 -2.2% 5
Long Euro ECZ10 136.39 134.54 -$2,313 5
Long Euro FXE 136.25 134.17 -1.5% 5
Our portfolio has shrunk to one position:
PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long Russell TFZ10 729.40 719.60 697.90 -$980 2
Long Russell IWM 72.17 72.11 69.94 -0.1% 2
However, we have three new signals for tomorrow:
1) Buy Gold: GCZ10, GLD. Track record: 30 wins out of 34 trades 88%.
2) Buy Silver: SIZ10, SLV. Track record: 57 wins out of 70 trades for 81%.
3) Buy Soymeal: SMF11, no ETF. Track record: 40 wins out of 42 trades for 95%.
That's all for tonight!
All the best,
Dan
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. Past performance is not indicative of future results. Investors should discuss any investment with their personal investment counsel. The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy. We may have positions in one or more of the ETFs or futures of the computer-generated signals.
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