For the week, the S&P500 index opened at 1,958.36 and closed at 1,988.40, moving up 1.5%.
Looking at the support resistance picture (below)
S&P500 index support resistance picture (6 months)
A very nice recovery for the market, continuing the long term bull run.
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 | Long | 12.64 | 3.21% | 15.57 | 55.86% | 0.09 | 22/08/2014 |
| SPY | Long | 10.46 | 4.34% | 4.95 | 19.97% | 0.48 | 22/08/2014 |
| QQQ | Close Long | 538.23 | 0.06% | 4.09 | 21.85% | 0.53 | 22/08/2014 |
| DIA | Short | 33.77 | 0.00% | 6.49 | 16.37% | -0.48 | 22/08/2014 |
| VXX | Short | 119.51 | 1.64% | 10.75 | 56.18% | 0.16 | 22/08/2014 |
| VXX | Short | 1994.55 | 0.00% | 6.55 | 122.88% | 1.11 | 22/08/2014 |
| SH | Short | 165.30 | 0.18% | 6.52 | 16.26% | 0.08 | 22/08/2014 |
| SH | Short | 394.19 | 0.18% | 12.27 | 19.32% | -0.01 | 22/08/2014 |
| SDS | Short | 201.99 | 0.36% | 11.24 | 28.88% | 0.09 | 22/08/2014 |
| ^GSPC | Short | 293.69 | 0.00% | 13.10 | 37.38% | -0.22 | 22/08/2014 |
TradeProphet Triggers
Very strong triggers to short the short-ETFs,What does that mean? Where are the long triggers on the market ETFs? The triggers for the market ETFs are not as strong as the ones to short the shorts
I'm going bullish-this is the sensible thing to do – This means the next bullish leg is here !.
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 |
| SAVE | Long | 843.44 | 0.06% | 7.23 | 38.00% | 0.10 | 22/08/2014 |
| KORS | Long | 59.51 | 0.64% | 12.83 | 113.08% | -0.64 | 22/08/2014 |
TradeProphet Triggers
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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 |
| PDLI | Short | 73.83 | 0.74% | 7.03 | 75.68% | -0.31 | 22/08/2014 |
| CF | Short | 69.75 | 0.00% | 6.24 | 55.67% | -1.33 | 22/08/2014 |
| CPLA | Close Short | 39.15 | 1.00% | 7.54 | 67.36% | 0.47 | 22/08/2014 |
| DTV | Long | 32.81 | 4.23% | 13.66 | 61.55% | 0.45 | 22/08/2014 |
| PDLI | Short | 21.04 | 2.57% | 6.87 | 67.84% | -1.49 | 22/08/2014 |
TradeProphet Triggers
Best overvalued / 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 | 38.31 | 0.00% | 17.18 | 61.39% | -1.34 | 26/08/2014 |
| XLI | Long | 37.43 | 1.35% | 15.13 | 40.38% | 0.41 | 26/08/2014 |
TradeProphet Triggers
XAR - SPDR® S&P Aerospace & Defense ETF
XLI - Industrial Select Sector SPDR ETF
(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 – the market is on another Bull Run, very positive signs, close short and go long.
Happy trading,
The TradeProphet team.
