Weekly Active Setups | ITB, Corn New Additions
We have two new activations over the prior week, ITB and Corn Futures. Key Highlights: AAPL is back to target 2 and IWM has broken down further below the 200-DMA, approaching target 3. New Activations Short iShares US Home Construction ETF (ITB) Short Corn Future Previous Activations Short XLV Short Bitcoin (Tgt 1 hit) Short […]
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Weekly Pending Setups Report | New Setups EZU, KRE
If you missed it, we provided an introductory video that summarizes the Trader Membership and its strategy. We also explain our strategy on potential stop losses here, and entry points in this report. We have two new setups this week. New Setups iShares MSCI Eurozone ETF (EZU) SPDR S&P Regional Banking ETF (KRE) Asset Classes Equities Alphabet […]
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Weekly Market Roundup | Week of September 11
Key Developments The S&P 500 declined 1.3% last week. Energy led all sectors, rising 1.4%. Industrials lagged, falling 2.9%. China’s ban of iPhones prompted headwinds for Apple and broad tech stocks. Interest rates and the US Dollar Index (DXY) were higher last week, while commodities and global equities saw losses, emphasizing risk-off trading action. The […]
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Portfolio Review: August 2023
Summary In August we added 2 hedges to our portfolio to insure against tail risks related to a continuation of the melt-up in the S&P 500 and of long-end interest rates breaking out. Our S&P 500 call option hedge initiated in the portfolio on 8/23 added considerably to our portfolio’s performance last month, leading it […]
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Weekly Active Setups Report | New Activation XLV
We have one new activation over the prior week, XLV. Weakness over the past week has brought some of the trades back to targets, including AAPL and IWM which are both below their 2nd targets. New Activations Short XLV Previous Activations Short Bitcoin (Tgt 1 hit) Short Natural Gas (Tgt 1 hit) Short WMT Long […]
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Weekly Pending Setups Report | New Setups GOOG, JPM, NKE, XLE, Corn Future
If you missed it, we provided an introductory video that summarizes the Trader Membership and its strategy. We also explain our strategy on potential stop losses here, and entry points in this report. We have five new setups this week. New Setups Alphabet Inc. (GOOG) JPMorgan Chase & Co. (JPM) NIKE Inc. (NKE) SPDR Energy ETF (XLE) […]
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Weekly Market Roundup | Week of September 5
Key Developments The S&P 500 gained 2.5% last week, the best weekly return since the middle of June. Tech led sector gains, rising 4.4%, while Utilities lagged, falling 1.7%. The second week in a row of lower Treasury yields helped buoy valuations, especially in mid and large-cap growth styles. The ISM Manufacturing PMI was slightly […]
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