Our only new signal was stopped out overnight, for a nice profit. We also exited natural gas with a big percentage loss; this hurt the BLOG's return. Here are the positions exited:
CLOSED OUT SYMBOL ENTRY OUT PROFIT DAYS
Long Copper HGZ10 352.05 354 $487 1
Long Nat Gas NGQ10 4.062 3.970 -$920 4
Long Nat Gas UNG 6.78 6.50 -4.1% 4
Natural Gas will have its day, but today it hurt the portfolio by -.8% (since each ETF position is 20% of the portfolio).
The existing portfolio looks as follows:
PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long Silver SLV 18.36 20.29 19.66 10.5% 27
Long Soy Oil BOZ10 40.86 43.05 41.59 $1,314 14
Long Zealand NE1U10 72.90 72.46 71.45 -$440 6
Long Zealand BNZ 23.36 23.13 22.81 -1.0% 6
Long Soy Meal SMZ10 296.00 310.20 301.70 $1,420 4
Long Cocoa CCZ10 2737 2716 2547 -$210 3
Long Cocoa NIB 39.47 38.94 2547 -1.3% 3
Our grain positions have saved us on the futures side; our silver position has saved us on the ETF side.
There are no new signals for tomorrow.
All the best!
If you wish to be notified of new posts, let me know at bassanalytics@live.com. I will send you an email every time there is a new post.Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
Our purpose is to quantitatively analyze markets to identify trends and over-bought/over-sold situations. We use computer programs applied to large amounts of data and trade markets by mathematical algorithms. We track these algorithmically-generated trades with ETFs and Futures. This BLOG is provided free of charge. Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.
Historical Returns
The following represents the BLOG's 2010 ETF returns vis-a-vis other benchmark investment measures:
------------$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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