Sunday, July 6, 2014

TradeProphet Weekly Report 07/06/2014

 

For the week, the S&P500 index opened at 1,960.79 and closed at 1,985.44, making 1.25%.

Looking at the support resistance picture (below)

image 
S&P500 index support resistance picture
(6 months)

Technically speaking, the market is continuing the very strong bullish move it had started, correction? What correction ?

As far as the triggers from TradeProphet system for the market, this is how it looks:

(click here for help on the info below)

Ticker

Position

Profit/Loss Ratio

Max. Draw Down

Sharpe

Alpha

Beta

Order Date

SPY

Close Long

92.70

0.39%

5.44

18.12%

0.45

03/07/2014

SPY

Long

6.40

5.15%

4.36

17.93%

0.46

03/07/2014

QQQ

Long

9.50

3.59%

4.15

22.47%

0.54

03/07/2014

QQQ

Long

9.03

3.90%

5.36

21.39%

0.45

03/07/2014

QQQ

Long

6.12

5.52%

6.27

24.52%

0.35

03/07/2014

DIA

Long

5.28

3.87%

3.32

19.60%

0.54

03/07/2014

DIA

Close Long

19.59

2.78%

5.93

17.71%

0.21

03/07/2014

TradeProphet Triggers

Market recommendation is (almost) totally bullish, supporting the technical picture, the trend is bullish.

Growth Model Portfolio

Lets now look at the Growth portfolio,  TradeProphet system issued the triggers below for the growth portfolio :

(click here for help on the info below)

Ticker

Position

Profit/Loss Ratio

Max. Draw Down

Sharpe

Alpha

Beta

Order Date

BSTC

Short

17.06

0.00%

7.10

83.37%

-0.03

03/07/2014

BWLD

Short

64.88

0.00%

7.13

72.93%

-0.18

03/07/2014

PRLB

Long

43.88

0.00%

10.69

96.09%

0.05

03/07/2014

PRLB

Long

56.53

1.67%

10.60

65.20%

0.59

03/07/2014

SAVE

Long

105.58

1.63%

7.30

66.02%

0.45

03/07/2014

TradeProphet Triggers

This week we have a number of very nice recommendations, PRLB and SAVE were recommended last week .

Value Model Portfolio

Any good triggers in the Value portfolio? Let's look at the issued triggers:

(click here for help on the info below)

Ticker

Position

Profit/Loss Ratio

Max. Draw Down

Sharpe

Alpha

Beta

Order Date

BODY

Close Short

69.49

0.63%

12.96

422.33%

-0.62

03/07/2014

BAH

Long

57.26

0.79%

12.69

58.00%

0.82

03/07/2014

CPLA

Short

141.39

0.98%

7.25

142.94%

0.69

03/07/2014

GNI

Short

29.69

0.00%

7.06

70.59%

-0.25

03/07/2014

TradeProphet Triggers

 

Best undervalued Sectors (And best picks within that sector)

(click here for help on the info below)

Ticker

Position

Profit/Loss Ratio

Max. Draw Down

Sharpe

Alpha

Beta

Order Date

XAR

Long

33.89

1.13%

10.81

54.11%

0.42

03/07/2014

XLU

Short

164.08

0.20%

10.70

53.53%

-0.32

03/07/2014

TradeProphet Triggers

XAR - S&P Aerospace & Defense Select Industry Index

XLU - Utilities Select Sector SPDR

(click here for help on the info below)

Ticker

Position

Profit/Loss Ratio

Max. Draw Down

Sharpe

Alpha

Beta

Order Date

TradeProphet Triggers

Conclusion time –Clouds in the horizon…the picture is bullish but it used to be VERY bullish, keep a tight stop loss or close profitable positions waiting for the next move.
No reason for panic, the long term move is still bullish
.

Happy trading,
The TradeProphet team.

http://3.bp.blogspot.com/-CghrZu_hYA8/U0qsknr9gEI/AAAAAAAACa0/ERXv3dIDoDE/s1600/TP_Complete.png

 

 

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