The Russell 2000 Stock Index Futures fell another 1.5% today. Our futures portfolio rose sharply as we were long soybeans and soymeal. We had no ETF active positions on Friday. However......
New Signals:
Go SHORT Silver: Market On Open. Symbols: SIN11 and SLV. Record: 16 wins out of 22 trades for 72%. Initial Stop: a shallow .7%.
Go LONG Coffee: Market On Open. Symbols: KCN11 and JO. Record: 66 wins out of 86 trades for 77%. Initial Stop: about 1.6%.
Go SHORT Russell: Market On Open. Symbols: TFM11 and IWM. Record: 35 wins out of 36 trades for 97%. The initial stop is about 1.7%. The market has fallen for 5 consecutive weeks, so caution is warranted here. While the statistical record is very good, there are no guarantees in life except death and taxes.
For the first five months of the year (through June 3, today), one futures contract has earned $58,534 which would annualize to over $138,000. Note: annualization is a mathematical result only, and should not be construed as an expected value or projection. The ETFs have earned 2.9%, slightly below the S&P 500 (without dividends) at 3.4%. This would annualize the BLOG to 6.8% and the S&P to 8.0%. See our BLOG page on "Shortcomings and Limitations" for an explanation of how our calculations are done. Of course, our desire would be to beat the S&P for the year, like we did last year. Only time will tell.
The BLOG's day-to-day fluctuations are much less volatile than the S&P. This is because we have five positions, each of which may be positively, negatively, or non-correlated to equities.
Our Active and Closed Out Positions Appear in the Table Below:
https://spreadsheets.google.com/spreadsheet/ccc?key=0AtYsMnbdw73BdGZrc0pTamxjeTkyQnl1WnQ0dzBWNEE&hl=en_US&authkey=CPGwkbIN
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. Follow us on Twitter at www.twitter.com/bassanalytics. 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. 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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