PRO TRADING

This morning we added a 10% position in BIL to soak up cash and earn a better yield than money markets

Rebalancing our Energy holdings to increase dividend yield. Selling MRO, and adding to XOM and DVN.

Trade Alert For Equity and Sector Models In this morning’s Commentary, we wrote: “Overbought conditions are now pushing the highest level since the March peak, so profit taking is likely. What will be key to this rally is a pullback […]

Trade Alert For Equity Model Only We sold .5% of Amazon (AMZN) even though we just added it a few days ago. The stock rose 12% on good earnings news on Friday and is sitting at an old level of […]

Trade Alert For Equity and Sector Models Following yesterday’s Fed meeting, stocks continue to show more resilience to weak economic news and earnings. Such increases our confidence that a tradable low is in place. Whether it’s the market bottom for […]

Trade Alert For Equity and ETF Models Our technical models are rolling over, signaling an increasing likelihood the recent equity bounce from lows is ending. We sold our trading QQQ position last week in anticipation and are selling the remaining […]

Trade Alert For Equity and ETF Models We sold our trading position in QQQ for a slight profit. As we have been discussing, the reflexive rally is eating into its oversold levels and approaching important resistance such as the 50dma. […]

Adding exposure to both the Equity and ETF Models by adding 2.5% of RSP and QQQ. Adding 1% to Energy in XOP or DVN.

Sell the remainder of the S&P 500 Short ETF (SH).