Last week the portfolio saw a decrease in equity (-2.42%) while SPY lost (-2.93%). TLT trade worked out well by protecting the portfolio. Unfortunately GLD dropped significantly and therefore has to go. The TAA (Tactial Asset Allocation) part of the portfolio is going to turn into the most bearish setup. To it’s already bearish TLT holding a even more bearish holding will be added: SH (inverse SP500). It’s going to be interesting to see how this trade works out as we are entering a very bullish stock season.
Furthermore the market is oversold on intermediate term levels. However I’ve to play by the rules and take the position at the OPEN. Though for my personal trading account I’m scaling into the positions with 3 equal sized trades (would like to see SPY intermediate conditions turning from oversold into somewhat overbought given the bullish seasonality). The momentum (MOM) system is also beginning to add past losers to the portfolio.
Next weeks portfolio profile:
- Gold 0%
- Treasuries 18%
- Stocks (long) 63%
- Stocks (short) 17%
- Cash 2%
About Portfolio Trader
Read more about Portfolio Trader here (link). Past trades can be found here (link). This page will be updated as trades have been closed.
Disclaimer
These are the trades I’m going to take for the coming week. In case you consider mirroring my trades make sure you do your own homework upfront in order to match your personal risk profile (no investment advice). Performance data quoted represents past performance. Past performance is no guarantee of how the portfolio is going to perform in the future.
