Model Flips Back Into “Trouble Ahead” (Risk-Off)
We’ve been in our risk-on position since the open of June 30 and doing well. Shares of the ProShares Ultra QQQ (NYSE: QLD) are up double digits over the last seven trading days.
Read MoreArchive Category: 10x Profits Archives
Revisiting Past Milestones: The Point of Systematic Market Timing
Today, I want to revisit an issue of 10X Profits I wrote in August 2018.
Read MoreJune Performance Review (+4.1%): “All Clear” Mode Heading into July
As my model’s measures of divergences worked off the last remaining data from the March corona crash, we’re now more focused on which U.S. sectors and top global economies are making the most gains in the April-through-present rally.
Read MoreSwitching Back into “All Clear” Mode (Risk-On)
We have a switch trade to make. My model is now signaling an “All Clear” period ahead.
Read MoreQuick Position and Market Update
After falling sharply on June 11, the stock market has more or less just “chopped” sideways in a consolidation pattern. The S&P 500 is still holding above its 200-day moving average. The Nasdaq 100, which continues to lead all other U.S. market indices, is well ahead of its own 200-day average.
Read MoreWatchlist
