News Risk
Today was a consolidation day before the FOMC rate decision Wednesday. Interesting that both bond and VIX closed in the green today while SPY printed a doji. Today relieved a little overbought pressure, but short term trend...
Read MoreLast week’s “European Confidence Boost”/ Drahgi commentary plus a slight U.S. GDP beat supported a powerful two-day rally, leaving the S&P 500 (SPY) higher by a full +2.7% on the week and price recovered to...
Read MoreWe got the bonds to reverse on the back of two Draghi comments to close the week. When another Mario Draghi headline about bond buying, cutting rates, and additional LTRO hit the wires mid day, the S&P vaulted another 12pts...
Read MoreI am already reading the complaints calling this an oversold bounce and not all the right sectors participated. After the sharp drop this week, some type of snap back rally was to be expected. It’s comical that another...
Read MoreThis is a little study to see how much risk management the Mosaic RM filter produces. Note that in this case the entire Mosaic portfolio is just 1 ETF …SPY… 100%, so Mosaic=SPY. The Max Drawdown #s are the focus of...
Read MoreHere’s a little study using the Delta Bands to examine EWC vs our study yesterday of FXC. Note the max consecutive loser numbers. As a trader I’m always trying to find low risk situations and this set up looks pretty...
Read MoreAnother late day recovery took us off the low as the Wall Street Journal reported about potential FED action if growth do not pick up soon. The late bounce moved the S&P 500 back up over the key 50-day simple moving average...
Read MoreHere’s a little exercise using the Delta Bands and FXC, the Canadian Dollar. I’m testing the robustness of the system on a variety of securities and this is about par for the course. Similar results for EEM and TLT...
Read MoreAfter a 25% VIX spike and some panicky overnight action regarding Europe debt and China slow down, the market trended up all day after a bad open. Key stocks like GE, GOOG, JPM hinted at the early strength. We have AAPL earnings...
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