Monday, July 14, 2014

TradeProphet Weekly Report 07/14/2014

 

For the week, the S&P500 index opened at 1,984.22 and closed at 1,967.57, moving down  0.84%.

Looking at the support resistance picture (below)

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

This week we saw the first crack in the structure(really?),S&P500 didn’t know which way to go and was a bit down from the all-time high, next move is hard to guess but this is the first time the market gave
a consecutive triggers since the end of may(after which it continued the move up..).
The sell trigger still needs confirmation, which we may get beginning next week. We will have to wait and see.

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

VXX

Short

624.27

0.00%

11.88

146.87%

0.70

11/07/2014

^GSPC

Short

467.27

0.00%

9.02

24.17%

-0.53

11/07/2014

SPY

Short

36.99

0.00%

6.66

7.26%

-0.51

11/07/2014

QQQ

Short

30.19

0.00%

9.37

32.47%

-0.45

11/07/2014

SDS

Short

23.22

0.00%

4.55

15.94%

1.94

30/06/2014

QQQ

Short

10.52

2.45%

6.03

16.22%

-0.85

11/07/2014

SPY

Long

10.10

2.50%

4.99

19.83%

0.47

11/07/2014

TradeProphet Triggers

The table above summarizes the triggers issued by the TradeProphet system sorted by the Profit to Loss ratio, the strongest triggers are to sell the market ,this is quite a reverse from
the last few weeks where the triggers were mostly ( or all..) bullish,we saw a bit of weakness last week , but this time the system is very clear – stay out and short .

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

KORS

Long

59.51

0.64%

12.83

113.08%

-0.64

11/07/2014

PRLB

Long

56.53

1.67%

10.60

65.20%

0.59

11/07/2014

SAVE

Long

105.58

1.63%

7.30

66.02%

0.45

11/07/2014

TradeProphet Triggers

Long triggers with in a downward market? Good question, BUT notice the long trigger on KORS with negative low beta – I would grab it. .

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

RDA

Long

133.04

0.99%

6.47

54.49%

-0.38

11/07/2014

GME

Short

36.29

0.00%

7.30

59.98%

-0.42

11/07/2014

CF

Close Long

30.24

0.00%

6.60

56.64%

0.49

11/07/2014

HLF

Close Long

30.16

7.05%

8.77

50.63%

-0.99

11/07/2014

DTV

Short

21.80

0.00%

8.28

39.49%

-0.43

11/07/2014

MSFT

Short

21.13

0.00%

7.53

37.66%

-0.65

11/07/2014

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

XBI

Close Long

44.87

1.47%

16.69

62.55%

0.15

11/07/2014

XOP

Short

29.23

0.00%

12.94

62.64%

-0.48

11/07/2014

XLE

Short

26.40

0.00%

9.51

49.07%

-0.31

11/07/2014

TradeProphet Triggers

XOP - SPDR® S&P® Oil & Gas Exploration & Production ETF

XLE - Energy Select Sector SPDR

(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 appeared like mushrooms after the rain, hold a tight stop, take profit and maybe open a short position in one of the above offers.

Happy trading,
The TradeProphet team.

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

 

 

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