Saturday, May 3, 2014

TradeProphet Weekly Report 5/3/2014


For the week the S&P500 index started at 187.05 and finished at 188.06 moving up about 0.5%.

looking at the support-resistance picture (below) for the S&P500 we see that the market had made a substantial move this week, breaking the 187 resistance line and holding its ground above it .

S&P500 Support Resistance

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
Std. Deviation
Alpha
Beta
Order Date
Nasdaq 100
Close Long
20.55
1.99%
15.65
0.09
28.17%
0.37
14/04/2014
DOW 30
Long
6.04
3.73%
12.12
0.07
15.96%
1.67
02/05/2014
S&P500
Close Long
5.65
5.33%
12.40
0.08
18.79%
0.75
01/05/2014
TradeProphet Triggers

Trigger issued by the TradeProphet system are based on criteria other than technical, so despite the fact that the market broke resistance line, the triggers are not yet clear. Leaving the Nasdaq 100(the trigger was issued two weeks ago),the DOW was issued a Long position, and the S&P500 issued a trigger to close the Long position.

Taking it all in, the market may have started a long move up, We will have to follow the TradeProphet triggers for next week, maybe the long position will be issued for it as well.

Lets now look at the Growth portfolio, growth stock were out of favor lately, TradeProphet system issued the triggers below for the growth portfolio :

Ticker
Position
Profit/Loss Ratio
Max. Draw Down
Sharpe
Std. Deviation
Alpha
Beta
Order Date
ANIK
Long
6.40
31.81%
18.20
0.10
34.21%
4.20
02/05/2014
EDU
Long
6.97
8.92%
21.30
0.08
32.89%
1.12
02/05/2014
KORS
Long
6.78
6.70%
15.51
0.06
16.93%
1.97
02/05/2014
KORS
Long
8.87
3.35%
13.16
0.09
21.49%
2.56
02/05/2014
MELI
Long
5.17
46.28%
20.36
0.13
49.26%
-5.62
02/05/2014
SAVE
Long
7.33
11.56%
11.40
0.14
30.49%
0.22
02/05/2014
XRS
Long
16.85
1.01%
19.12
0.05
14.19%
-33.56
02/05/2014
XRS
Long
5.45
4.92%
8.04
0.21
31.96%
-1.03
02/05/2014
TradeProphet Triggers

I must say that the attractive stocks seems to be KORS (though the Alpha isn't that high..) and XRS which issued a Log position with P/L of 16.85 (look at how uncorrelated the stock with the market, another good vibe..).

Any good triggers in the Value portfolio ? lets look at the issued triggers

Ticker
Position
Profit/Loss Ratio
Max. Draw Down
Sharpe
Std. Deviation
Alpha
Beta
Order Date
GTAT
Long
5.50
9.32%
17.90
0.10
34.13%
16.75
02/05/2014
HLF
Long
5.64
7.79%
8.10
0.45
69.62%
8.19
02/05/2014
IDCC
Long
6.21
11.15%
8.75
0.40
67.83%
6.48
02/05/2014

TradeProphet Triggers

It looks like a high-risk,high-return for the value stocks right now, HLF looks on a good position to move up (keep a tight stop-loss, or let TradeProphet do it for you).

So, to conclude, I think the market as a whole is ready to move up,some gems in the growth list(KORS,XRS) and the risk is high but maybe worth it(HLF).

Happy trading,

The TradeProphet team.


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

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