With The Today's Big Sell-off 8 Models Get Bullish

Using programming models shows how unemotional stock-picking systems can be. While people fret about the on-going shenanigans in D.C. and let the overall market drop, systems that pick stocks based on price movement (or momentum such as the ones I use) simply plow ahead because they can't be agitated by world/economic news. 

Using the 1:30 numbers as closing numbers the leverage ETF models have generated several bullish signals. So today we get  Buy signals for : Energy(ERX), Finance(FAS), Mid Caps(MIDU), Retail(RETL), SP 500(SPXL), Technology(TECL), Small Caps(TNA) and Russell 2000(URTY).


I will rerun the application at 3:30.  But so far it looks like in the paper account I will be buying.

As of 3:30 the count changed from 7 buys to 3.

Finance(FAS)
Retail(RETL)
SP 500(SPXL)

Using closing numbers the count changed from 3 buys to 8.

 Energy(ERX)
 Finance(FAS)
 Mid Caps(MIDU)
 Retail(RETL)
 SP 500(SPXL)
 Technology(TECL)
 Small Caps(TNA)
 Russell 2000(URTY)

So tomorrow in the paper account I will be buying the other 5.


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