What

First and foremost, this is an unproven method of choosing when to enter and exit a position. Since back-testing is used to produce the models future results may not reflect or produce expected returns.

2014-07-02

5 Buys Signals - But 4 Are Late

And yet another model rebuild... the symbol FRX, Forest Laboratories, was absorbed by another company and so the symbol doesn't exist any more.  Usually I would simply removed the symbol from the model but this symbol appeared in all of the models so I went ahead and rebuilt the models.  Doing such caused 4 of the model to have a buy signal for yesterday ERX, TNA, URTY and UGLD.

For today's #s another symbol is added to the buy list UGAZ.

So in the paper account I will buy all 5 symbols.
----   T H E   B U L L S   ----
  • Biotechnology as represented by BIB * prior to model build
  • Natural Gas as represented by UGAZ
  • Gold as represented by UGLD
  • Energy as represented by ERX
  • Finance as represented by FAS* prior to model build
  • Mid Caps as represented by MIDU * prior to model build
  • SP 500 as represented by SPXL * prior to model build
  • Technology as represented by TECL * prior to model build
  • Small Caps as represented by TNA
  • Russell 2000 as represented by URTY 
----   T H E  B E A R S   ----

  • None


Models as the stand...
    SymbolBacktest $lBuy&HoldPrevious CallDateCurrent CallDate
    bib31,320.8132,199.16SELL2014-06-13**BUY2014-06-17**
    erx21,485.7025,103.12SELL2014-06-27**BUY2014-07-01
    fas23,757.9724,009.98SELL2014-06-13**BUY2014-06-17**
    midu18,782.4125,018.00SELL2014-06-13**BUY2014-06-17**
    spxl18,175.6725,052.75SELL2014-06-13**BUY2014-06-17**
    tecl19,477.4822,200.78SELL2014-05-15**BUY2014-05-19**
    tna26,420.3724,838.28SELL2014-06-27**BUY2014-07-01
    ugaz8,315.6611,374.32SELL2014-06-30**BUYToday
    ugld9,920.913,860.99SELL2014-06-27**BUY2014-07-01
    urty26,478.1625,112.63SELL2014-06-27**BUY2014-07-01
    ** - before model build.

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