Sunday, July 27, 2014

TradeProphet Weekly Report 07/27/2014

 

For the week, the S&P500 index opened at 1,976.93 and closed at 1,978.34, barely moving.

Looking at the support resistance picture (below)

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

This week ( or weak..) failed the 1980 resistance level , a sell trigger was issued and the market faced down,next support level is the 1960 level,
crossing that level and we may have a correction on our hands.

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

Close Long

10.24

5.23%

12.47

39.97%

0.35

25/07/2014

SPY

Close Long

18.19

3.35%

10.83

36.25%

0.37

25/07/2014

DIA

Close Long

18.51

3.58%

12.98

33.81%

0.14

25/07/2014

VXZ

Long

6.15

5.94%

5.35

31.92%

-0.10

25/07/2014

VXZ

Long

6.01

7.10%

6.52

29.68%

-0.01

25/07/2014

TradeProphet Triggers

As clear as a whistle– stay out ,don’t short yet.

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

               
               
               

TradeProphet Triggers

Long triggers with in a downward market? Good question. .

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

               
               
               
               
               
               

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

XME

Short

30.33

0.00%

11.47

36.81%

-0.49

25/07/2014

XLE

Short

26.40

0.00%

9.51

49.07%

-0.31

25/07/2014

XTN

Close Long

26.32

0.85%

18.08

84.11%

0.27

25/07/2014

XLE

Short

24.26

0.00%

9.58

64.76%

-0.34

25/07/2014

 TradeProphet Triggers

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

XME - SPDR® S&P Metals and Mining ETF

(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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