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Author: Jeff Pietsch

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...

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Super Mario II

We 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...

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Super Mario

I 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...

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All SPY — not recommended

This 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...

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Choppy

The pickup of call buying or some last minute buying in the last few days had prevented a true washout bottom. The side ways action is trying to slowly reverse the short term downtrend while the intermediate trend had refused to...

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Canada – FXC vs EWC

Here’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...

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Crushed Apple

Another 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...

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Delta Bands & Canadian Dollar

Here’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...

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Turbulence

After 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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