It is late Tuesday night, and we are finally at the computer. We have been stopped out of the following positions, mostly with gains:
CLOSED OUT SYMBOL ENTRY OUT PROFIT DAYS In Out
Long Platinum PLV10 1533.30 1511.3 -$1,100 4 8/27/10 8/30/10
Long Soybeans SX10 1015.50 1021.75 $313 4 8/27/10 8/30/10
Long Canadian CDU10 94.52 94.93 $410 4 8/27/10 8/30/10
Long Canadian FXC 93.91 94.48 0.6% 4 8/27/10 8/30/10
Long Corn CZ10 425.00 435.5 525 15 8/16/10 8/30/10
The Fed summit prompted a flight to Treasuries, the Japanese Yen, and the Swiss Franc. Gold, even on the down days, is remaining relatively strong.
The exit of Platinum actually occurred in this evening's session, before I did this BLOG. The open positions below reflect Monday's close.
PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long British BPU10 155.34 154.58 148.67 -$475 8
Long British FXB 154.68 153.86 147.98 -0.5% 8
Long Silver SIU10 18.365 19.074 18.890 $3,545 6
Long Silver SLV 18.36 18.63 18.45 1.5% 6
Long Crude Oil CLU10 73.18 74.70 73.66 $1,520 4
Long Crude Oil OIL 21.22 21.45 21.37 1.1% 4
Long Copper HGU10 328.35 342.95 334.25 $3,650 4
Long Copper JJC 44.52 45.41 44.26 2.0% 4
There are no new signals for tomorrow! Happy trading!
If you wish to be notified of new posts, let me know at bassanalytics@live.com. I will send you an email every time there is a new post.Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
Our purpose is to quantitatively analyze markets to identify trends and over-bought/over-sold situations. We use computer programs applied to large amounts of data and trade markets by mathematical algorithms. We track these algorithmically-generated trades with ETFs and Futures. This BLOG is provided free of charge. Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.
Historical Returns
The following represents the BLOG's 2010 ETF returns vis-a-vis other benchmark investment measures:
------------$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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