- Neural Nets
- Stocks tags:
- Neural Nets. QQQQ
_aioseop_keywords: Neural Nets. QQQQ, EWZ, XOM, Market Program, Buy, Sell, 401k,
The Stock NeuroMaster neural net model issued SELL signals to close out our long PowerShares QQQ Trust (QQQQ) and Exxon Mobil (XOM) positions at yesterdayâ€™s open. We executed those orders @ $44.12 for the QQQQ's and @ $84.11 for a gross loss of -1.03% and -0.5% respectively. Damn! So far the model is 1-2 but over all aggregate gain is +3.5%.
The only position we are still holding is our long EWZ position.
iShares MSCI Brazil Index (EWZ): BUY signal on 1/22/08, entered 1/23/08 @ $66.11, recommendation to HOLD (current close @ $73.87, Gain +11.7%)
Note: I probably would've been using a trailing stop and gotten stopped out in EWZ yesterday with more gains intact. The same goes for my other positions, I would've used stop losses on all of them to limit financial losses. :)
Overall the models are performing very well in this tumultuous market. Right now I'm entering my orders into Scottrade for this mornings open using newly built ETF models. Try out this software for 14 days and see how easy it is for yourself.