With The Sell-Off All Models Get Bullish

With the fear of what is going on in Syria the market sells off and so the models say "Buy."  All 10 leverage ETF models are now bullish: Biotechnology( BIB ) Real Estate( DRN ) Energy( ERX ) Finance( FAS ) Mid Caps( MIDU ) Retail( RETL ) SP 500( SPXL ) Technology( TECL ) Small Caps( TNA ) Russell 2000( URTY )

I used the 2:45 numbers as closing numbers and I don't see them changing much, but if they do I will repost.

So in the paper account we will be buying all 10.


Score - Bulls: 10   Bears: 0
----   T H E   B U L L S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN
• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU
• Retail as represented by RETL
• SP 500 as represented by SPXL
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY

----   T H E  B E A R S   ----

7 Bullish Models Turn Bearish; Leaving 0 Bullish Models.

For the leveraged ETF models all 7 bullish models are now on the bear side: Biotechnology( BIB ) Real Estate( DRN ) Retail( RETL ) SP 500( SPXL ) Technology( TECL ) Small Caps( TNA ) Russell 2000( URTY )

So in the paper account we will be selling.


Score - Bulls: 0   Bears: 10
----   T H E   B U L L S   ----

----   T H E  B E A R S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN
• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU
• Retail as represented by RETL
• SP 500 as represented by SPXL
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY

Today's Sell-Off Has Two Models Get Bullish

Buy Today from 2 of the Models: Biotechnology( BIB ) and Real Estate( DRN )

So in the paper account we will be buying both leveraged ETFs.

Score - Bulls: 7   Bears: 3
----   T H E   B U L L S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN
• Retail as represented by RETL
• SP 500 as represented by SPXL
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY

----   T H E  B E A R S   ----

• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU

3 Of The Leveraged ETF Models Get Bearish

Using the 3:30 numbers we got sell signals for: Energy( ERX ) Finance( FAS ) Mid Caps( MIDU )

So in the paper account we will be selling.

Score - Bulls: 5   Bears: 5
----   T H E   B U L L S   ----

• Retail as represented by RETL
• SP 500 as represented by SPXL
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY

----   T H E  B E A R S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN
• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU

(Update) Two (not One) More Models (Technology and R2K) Go To The Buy Side.

Today the Technology(TECL)  and Russell 2000( URTY ) models got bullish.

So in the paper account we will be buying TECL and URTY.
 
Score - Bulls: 8   Bears: 2
----   T H E   B U L L S   ----

• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU
• Retail as represented by RETL
• SP 500 as represented by SPXL
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY

----   T H E  B E A R S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN

Using Updated Closing Numbers Adds 1 More Bullish Model

On top of the 5 bullish models from yesterday's 3:30 numbers - this morning using actual closing numbers the models produced one more bullish call.  Add Small Caps as represented by TNA to the list of bullish ETFs.

There only remains 4 bearish leverage ETF models.

So this morning in the paper account we will be buying  TNA

Score - Bulls: 6   Bears: 4

----   T H E   B U L L S   ----

• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU
• Retail as represented by RETL
• SP 500 as represented by SPXL
• Small Caps as represented by TNA

----   T H E  B E A R S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN
• Technology as represented by TECL
• Russell 2000 as represented by URTY

3:30 Numbers Have 5 Leverage ETF Models Bullish

Using the 3:30 numbers and running the models as if they are the closing numbers has 5 of the 10 Leverage ETF models bullish.

Buy Today: Energy(ERX) Finance(FAS) Mid Caps(MIDU) Retail(RETL) SP 500(SPXL)
 
So in the paper account we will be buying. 

Score - Bulls: 5   Bears: 5

----   T H E   B U L L S   ----

• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU
• Retail as represented by RETL
• SP 500 as represented by SPXL

----   T H E  B E A R S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY

Preliminary Numbers Show All 10 Leverage ETF Models Bullish

Using the 11:30 prices as closing prices all 10 models are now bullish. - This may change as the day progresses.   No action will be taken in the paper account until just before the close.  So for now it stands as:

Buy Today: Biotechnology(BIB) Real Estate(DRN) Energy(ERX) Finance(FAS) Mid Caps(MIDU) Retail(RETL) SP 500(SPXL) Technology(TECL) Small Caps(TNA) Russell 2000(URTY)
Score - Bulls: 10   Bears: 0


----   T H E   B U L L S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN
• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU
• Retail as represented by RETL
• SP 500 as represented by SPXL
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY

----   T H E  B E A R S   ----

Sold Too Early Yesterday But Now May Be Better.

Yesterday, a half hour prior to the close, all 10 models went bullish. Then after the close the numbers came in showing I sold 3 of the leverage ETFs too early.  With today's huge ramp-up  the models associated with those  three are now in the bearish camp.  And because of the premature call I may rebuild the models based on executing transaction on the ETFs on the next day after a buy or sell call.

There will be no transactions executed in the paper account  since the 3 were sold yesterday.

Sell today: Retail(RETL, uggh up today  (~2%) ) Technology(TECL up today (~3%)) Small Caps(TNA up today(~4%))
 
Score - Bulls: 0   Bears: 10

----   T H E   B U L L S   ----

----   T H E  B E A R S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN
• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU
• Retail as represented by RETL
• SP 500 as represented by SPXL
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY