(April 5, 2020)
Leveraged Momentum adds one new strategy to be tracked called "Leveraged FANG from Leveraged Momentum."
(March 26, 2020)
(March 20, 2020)
Charles Capital LLC starts tracking with four strategies called "Charles Capital Mega, High, Moderate, and Conservative Growth."
(March 20, 2020)
(March 14, 2020)
The Scary Guy Report ends the tracking of one strategy called "The Scary Guy Report Investment Portfolio."
(March 6, 2020)
RISXX Inc. starts tracking with two strategies called "RISXX US Stock Risk Strategy and Rating."
Saturday, April 25, 2020
The NASDAQ has been short-term bullish since April 14th, recovering three-quarters of its loss during the stock market crash. The index is dominated by Facebook, Amazon, Apple, Microsoft, and Google which have strong balance sheets (i.e. low debt and high cash reserves) which are the key to economically surviving the lockdown. Also, ITC has thrived as social distancing has tightened.
Returning to market trend and momentum, the S&P500 has been short term bullish since April 17th notwithstanding America’s shambolic handling of its pandemic -crisis including a President who supports civil disobedience against social distancing advice from his own experts. Bulls obviously think the pandemic will soon burn out or a cure be found. Also the massive fiscal and monetary stimulus will underpin stocks from further falls. Bears think forward earnings estimates are unrealistically high and when that reality sets in stocks will fall again.
By contrast, the All Ords Index is still short-term bearish notwithstanding Australia introducing a large fiscal and monetary stimulus, doing better than almost every other country on stamping out COVID-19, and being heavily enmeshed with China’s economy which reopened on April 9th.
Within Australian stock sectors, only Gold is shining through in this crash. Resources, Property, and Financial ETFs still show negative 9-month momentum. Globally, Gold is the star performer with only the US stock market showing positive momentum over 9-months while Other Developed Markets and Emerging Markets remain in negative territory.
Monday, April 27, 2020
The market is moving sideways as we try to figure out what the future holds and when it will get here. We are in a recession and the duration depends on how the virus plays out and how consumers respond. While we have had and will likely continue to have opportunities to profit from various long and inverse tactics, increased volatility and difficulty in timing trades will probably lead to a season of whipsaws.
Our LevBands strategy is in TMF and will switch to UPRO when it rises to its lower band (buy low; TimerTrac shows an annualized return of 15.20% for the LevBands strategy since tracking began on 4/27/16). LevCrosses will sell TMF and buy UPRO when its indicator turns positive (buy low; TimerTrac shows an annualized return of -16.81% since tracking began on 4/10/18).
TQQQTrends will sell TMF and buy TQQQ when it rises to its buy indicator (buy low; TimerTrac shows an annualized return of -6.90% since tracking began on 11/24/18). UPROTrends will sell TMF and buy UPRO when it rises to its buy indicator (buy low; TimerTrac shows an annualized return of -16.22% since tracking began on 3/25/19).
LevIndex is invested 50% in UPRO and 50% in TMF (performance data will be referenced 15 days after one year of tracking on TimerTrac which began 9/16/19). Leveraged FANG (FNGUTrends) is in FNGU (performance data will be referenced 15 days after one year of tracking on TimerTrac which began 4/7/20).
Performance data and charts for each of these strategies along with the index of your choice (for comparison) can be obtained on the Graphs page of the TimerTrac site.
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