TradeProphet Weekly Report 06/12/2014

For the week, the S&P500 index opened at 2,074.78 and closed at 2,075.37, barely moving for the week.

Looking at the support resistance picture (below)

 
S&P500 index support resistance picture (6 months)

The S&P500 is making a strange double top bearish trigger, without a sell trigger. .

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
QQQ	Short	51.49	0.00%	9.74	46.98%	-0.51	05/12/2014
QQQ	Close Long	22.73	2.97%	11.74	56.82%	0.61	05/12/2014
DIA	Close Long	18.49	3.59%	12.99	33.81%	0.14	03/12/2014

 TradeProphet Triggers

Bearish triggers .

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
CSTE	Long	1813.61	0.03%	9.24	48.70%	0.07	05/12/2014
PRLB	Close Long	415.89	0.09%	25.76	146.66%	-0.48	05/12/2014
KORS	Long	221.29	0.15%	8.60	25.83%	0.08	05/12/2014
CSTE	Long	219.80	0.35%	9.53	56.00%	-0.02	05/12/2014
EGOV	Short	83.19	0.31%	23.17	31.50%	-0.06	05/12/2014
COG	Close Long	44.23	4.80%	9.12	82.48%	0.51	05/12/2014
ULTA	Close Long	41.62	13.35%	13.57	78.41%	0.14	05/12/2014
AGN	Short	41.48	1.35%	8.70	57.31%	-0.11	05/12/2014

 TradeProphet Triggers

I would recommend go the long and the short recommendations in this market.

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
HLF	Long	36040.00	0.01%	20.69	120.10%	0.15	05/12/2014
NSR	Short	132.71	1.24%	12.52	76.55%	-0.31	05/12/2014
SAFM	Short	111.26	1.49%	10.07	65.63%	-0.48	05/12/2014
WLP	Short	82.89	0.00%	8.56	123.01%	-0.14	01/12/2014
ONE	Close Short	66.96	1.10%	16.86	212.68%	-0.64	02/12/2014
STRA	Short	58.77	0.00%	13.18	100.31%	-0.08	04/12/2014

 TradeProphet Triggers

Some good short 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
XLK	Short	115.32	0.52%	8.27	29.42%	-0.73	05/12/2014
XTN	Close Long	98.62	0.06%	35.20	32.43%	0.36	05/12/2014
XBI	Close Long	65.54	1.48%	17.51	67.53%	0.17	05/12/2014
XBI	Close Long	39.97	0.91%	12.37	58.51%	-0.02	05/12/2014
XLI	Close Long	37.43	1.35%	15.13	40.38%	0.41	05/12/2014

 TradeProphet Triggers

 

(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 – bearish triggers all across the board ,keep the long positions with a tight close and consider opening short positions.

Happy trading,
The TradeProphet team.