This is just a quick snapshot to see where the S&P500 is going. My long term S&P500 neural net model initiated a SELL signal on 2/28/08 (for 2/29 open) and maintains the short position for today’s open. I guess my Monte Carlo simulation, with its bias to the downside, is being proven correct. [...]
The Boeing Company (BA) was flying high for a while but recently has been dragged down through this market correction. BA is generally a popular stock and its even been showcased on Wallstrip last week, right before they lost a $40 billion dollar contract to their rival Northrop Grumman. This is a slap [...]
I make it a habit of “selectively” catching falling knives and yesterday was definitely such a day. I emailed my members yesterday around lunch time yesterday to tell them that my Market Timing model issued a strong BUY signal. Interestingly enough it was at the 1335 level which is right around the 1337 [...]
I got tired of listening to those Bloomberg Radio commercials about EMCOR so I decided to check them out to see what the hype was all about. EMCOR Group is one of those companies that isn’t overly exciting, they’re downright boring! EMCOR Group (EME) is part of the Construction Services group and they [...]
The spreadsheet I’m about to share with you was the basic backend ETF trend system I developed for live trading. I used the RTQuotesXL and AnalyzerXL modules from TraderXL Pro to download the data in real time and create momentum signals on the fly.
I spent countless of hours building this spreadsheet (ETF_Trend_System_020808.xls) but [...]
I decided to take a look at my long term buy, Citigroup (C), again. Where have we gone since my last post? Not very far at all! The trend is definitely downward despite two cash infusions totaling $22 Billion dollars over the course of a few months. Will it help? [...]
I’m still at the spa enjoying the recent market insanity. It’s days like these where I’m reminded how awesome my S&P500 Timing model is (members get my weekly report). I’m glad I took its advice and sold my major holdings in mid December (and October) and moved my money into more defensive assets [...]
