Our algorithms profited from the British Pound, the Aussie Dollar and Soymeal. The closed out results were mixed. Three exciting new signals that were already alluded to in the POSTS that I sent from my Blackberry. The most intriguing: buy the S&P!
New Signals:
Go LONG Gold: Market On Open. Symbols: GCM11 and GLD. Record: 78 wins out of 92 trades for 85%. Open: 1493.5, Stop: 1471.
Go LONG Silver: Market On Open. Symbols: SIN11 and SLV. Record: 25 wins out of 34 trades for 74%. Open: 34.96, Stop: 35.035. This will most likely get stopped out before the morning.
Go LONG the S&P: Market On Open. Symbols: ESM11 and IVV. Record: 37 wins out of 46 trades for 80%. Open: 1341.50, Stop: 1303.25.
Our Active and Closed Out Positions Appear in the Table Below:
We have pointed out numerous times the disparity between the open of the futures markets, mostly at 3pm Pacific Time, and the open of the ETF markets at 6:30am PT. Over the short term, this can be quite substantial. However, recently I have been entering the ETFs in the "EXTENDED SESSION." This results in prices for the ETFs that are more commensurable with the futures. However, these markets are typically not very liquid, and the difference between the bid and the ask can be substantial. In any event, I am trying to find a way to track this market, for its obvious comparison with the futures markets. Another advantage would be that I could publish ETF stops overnight, instead of waiting until the next day. For now, this is food for thought..........
Have a nice evening!
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.
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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