For the week, the S&P500 index opened at 2,032.01 and closed at 2,039.82, moving up 0.4%.
Looking at the support resistance picture (below)
S&P500 index support resistance picture (6 months)
Flat line after a nice run to a new high, a new buy-if signal is triggered, caution ...
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 | 1514.94 | 0.00% | 12.00 | 149.31% | 0.70 | 14/11/2014 |
QQQ | Close Long | 31.76 | 0.23% | 12.82 | 38.50% | 1.98 | 14/11/2014 |
DIA | Long | 18.49 | 3.59% | 12.99 | 33.81% | 0.14 | 13/11/2014 |
SPY | Long | 18.30 | 3.35% | 10.95 | 36.42% | 0.36 | 14/11/2014 |
TradeProphet Triggers
The market a slightly long other then the tech NASDAQ.
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 | 415.89 | 0.09% | 25.76 | 146.66% | -0.48 | 14/11/2014 |
CSTE | Long | 219.80 | 0.35% | 9.53 | 56.00% | -0.02 | 14/11/2014 |
ALXN | Short | 85.31 | 0.00% | 8.90 | 64.84% | 0.13 | 14/11/2014 |
SAVE | Close Long | 59.94 | 1.95% | 19.96 | 115.03% | -0.37 | 14/11/2014 |
AGN | Close Short | 41.48 | 1.35% | 8.70 | 57.31% | -0.11 | 13/11/2014 |
IPGP | Short | 39.65 | 0.00% | 12.24 | 69.75% | -0.89 | 14/11/2014 |
TradeProphet Triggers
I would recommend go the long and the short recommendations in this market.
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 |
WTW | Short | 797.52 | 0.21% | 14.02 | 67.72% | 0.05 | 14/11/2014 |
WLP | Short | 166.90 | 0.65% | 9.42 | 121.14% | -0.15 | 14/11/2014 |
ONE | Short | 108.50 | 0.36% | 8.32 | 185.12% | -0.94 | 14/11/2014 |
TradeProphet Triggers
Some good short 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 |
XAR | Short | 561.90 | 0.05% | 24.96 | 36.32% | 0.18 | 14/11/2014 |
XLU | Short | 180.67 | 0.20% | 10.83 | 53.08% | -0.33 | 14/11/2014 |
XBI | Short | 68.04 | 0.00% | 8.44 | 77.71% | -0.80 | 14/11/2014 |
XPH | Short | 62.75 | 1.18% | 19.19 | 25.93% | -0.16 | 14/11/2014 |
XLI | Long | 37.43 | 1.35% | 15.13 | 40.38% | 0.41 | 12/11/2014 |
XOVR | Short | 23.76 | 0.11% | 6.85 | 30.28% | -0.24 | 10/11/2014 |
XOP | Long | 23.56 | 2.70% | 13.34 | 60.81% | -0.02 | 14/11/2014 |
TradeProphet Triggers
(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 – this market is only for the brave ones since it had flattened for the past two weeks..go short and long .
Happy trading,
The TradeProphet team.