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.
