TradeProphet: TradeProphet Weekly Report 02/08/2014

For the week, the S&P500 index opened at 1,978.25 and closed at 1,925.15, moving down 2.7%.

Looking at the support resistance picture (below)

S&P500 index support resistance picture (6 months)

Correction time, crossing the 1960 level indicates a short term correction(which may evolve to full blown long term correction), next level to watch is the resistance at 1950-1960 and the support at
1860-1870.

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	Short	55.38	0.00%	10.83	32.16%	-0.40	01/08/2014
QQQ	Short	39.35	0.00%	6.30	26.25%	-0.61	01/08/2014
QQQ	Short	30.19	0.00%	9.37	32.47%	-0.45	01/08/2014
^GSPC	Short	576.53	0.00%	8.72	27.05%	-0.61	01/08/2014

TradeProphet Triggers

As clear as a whistle– stay out ,definitely open short positions ,if not opened 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

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	01/08/2014
XLE	Short	26.40	0.00%	9.51	49.07%	-0.31	01/08/2014
XLE	Short	24.26	0.00%	9.58	64.76%	-0.34	01/08/2014
XOVR	Short	20.38	0.11%	8.81	35.33%	-0.27	01/08/2014
XAR	Long	16.25	2.34%	10.56	68.64%	0.38	01/08/2014