Saturday, June 14, 2014

TradeProphet Weekly Report 6/14/2014

 

For the week, the S&P500 index opened at 1,948.97 and closed at 1,936.16 ,moving down 0.66%.

Looking at the support resistance picture (below)

image001 
S&P500 index support resistance picture
(6 months)

We see the downward pressure on the index, there is a light support in the 192.5 levels but the real meaningful support is at the 188.5 level. If the downturn continues, this is the next line in the sand, closing below it, and we may have a light correction.
Anyway, as long as the S&P500 index stays above the 188.5 level, It is still a bullish market.

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

12.63

3.22%

15.56

55.86%

0.09

13/06/2014

SPY

Long

10.10

2.50%

4.99

19.83%

0.47

13/06/2014

QQQ

Long

7.47

3.98%

6.18

46.05%

0.65

13/06/2014

QQQ

Long

21.29

2.96%

11.42

56.76%

0.61

13/06/2014

DIA

Long

5.28

3.87%

3.32

19.60%

0.54

13/06/2014

DIA

Long

6.19

3.78%

4.45

15.07%

0.23

13/06/2014

TradeProphet Triggers

Bullish ,all across the board. Nothing to add to that, strait and to the point, the market is in bull mode.

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

PRLB(+)

Long

56.53

1.67%

10.60

65.20%

0.59

13/06/2014

SAVE(+)

Long

105.58

1.63%

7.30

66.02%

0.45

13/06/2014

SAVE(+)

Long

95.12

0.41%

15.73

78.59%

0.48

13/06/2014

SAVE(+)

Long

59.00

2.39%

11.89

58.06%

0.22

13/06/2014

TradeProphet Triggers

Both PRLB and SAVE look like a reasonably offers from the Growth Model Portfolio.

Value Model Portfolio

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

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

13/06/2014

RDA(+)

Long

15.63

2.06%

14.27

93.68%

1.04

13/06/2014

STRA(+)

Short

109.65

0.00%

14.13

113.06%

-0.48

13/06/2014

STRA(+)

Short

58.77

0.00%

13.18

100.31%

-0.08

13/06/2014

TradeProphet Triggers

HLF and RDA look very attractive selections from the Value Model Portfolio, STRA is a short selection(though I wouldn’t short on a long market)

Best undervalued Sectors (And best picks within that sector)

Ticker

Position

Profit/Loss Ratio

Max. Draw Down

Sharpe

Alpha

Beta

Order Date

XAR(+)

Long

59.20

0.47%

10.23

27.94%

1.00

13/06/2014

XAR(+)

Long

87.81

0.22%

9.98

22.24%

0.92

13/06/2014

XTN(+)

Long

90.30

0.07%

35.12

32.49%

0.36

13/06/2014

TradeProphet Triggers

XAR - SPDR S&P Aerospace & Defense
XTN - S&P Transportation Select Industry Index

Ticker

Position

Profit/Loss Ratio

Max. Draw Down

Sharpe

Std. Deviation

Alpha

Beta

Order Date

TradeProphet Triggers

Conclusion time – moving up, no doubt about it, open Long position and stay there no matter what.

Happy trading,
The TradeProphet team.

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

 

 

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