Tuesday, August 24, 2010

Shorter term trends - Stocks

Yesterday I posted the ETF performance table that I send out to my private email list after the close every day.  Today I am posting the Stocks table with current signals and performance. 



The Daily Signal represents the current signal and trend for each stock. The Entry Price represents the closing price of the stock on the day the signal was generated.  The Daily Reversal is the price level where the trend changes.  As with the yesterday's table,  reversal levels change daily, so please do not rely on the listed Daily Reversal levels.  The reversals are updated after the close every day and sent to subscribers.The color codes designate a certain feature of each stock's trend, again, proprietary and reserved for subscribers.  The Daily Returns represent the net percentage return from inception of the current trade.  Past performance is not a guarantee of future results. 

There are 21 winning signals against 3 losses.  Yesterday, the ETF table showed 19 wins and 0 losses.  These results should not come as any surprise, since the market has been in a down trend since August 9th.  Still, not a bad showing for a simple, objective, mechanical trading regimen.


Selected Charts


CME_Daily


GS_Daily


PCLN_Daily