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An active trader for the past ten years,interested in long and short positions. Software Programmer,Mathematician and activer trader. I have created TradeProphet system to allow the trading community,position themselves with the upper hand against the enormous market information.
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  • TradeProphet Weekly Report 3/5/2014 2 comments
    May 3, 2014 3:41 PM

    For the week the S&P500 index started at 187.05 and finished at 188.06 moving up about 0.5%.
    looking at the support-resistance picture (below) for the S&P500 we see that the market had made a substantial move this week, breaking the 187 resistance line and holding its ground above it .

    (click to enlarge)

    S&P500 Support Resistance

    As far as the triggers from TradeProphet system for the market, this is how it looks:
    (click here for help on the info below)

    Ticker

    Position

    Profit/Loss Ratio

    Max. Draw Down

    Sharpe

    Std. Deviation

    Alpha

    Beta

    Order Date

    Nasdaq 100

    Close Long

    20.55

    1.99%

    15.65

    0.09

    28.17%

    0.37

    14/04/2014

    DOW 30

    Long

    6.04

    3.73%

    12.12

    0.07

    15.96%

    1.67

    02/05/2014

    S&P500

    Close Long

    5.65

    5.33%

    12.40

    0.08

    18.79%

    0.75

    01/05/2014

    TradeProphet Triggers

    Trigger issued by the TradeProphet system are based on criteria other than technical, so despite the fact that the market broke resistance line, the triggers are not yet clear. Leaving the Nasdaq 100(the trigger was issued two weeks ago),the DOW was issued a Long position, and the S&P500 issued a trigger to close the Long position.
    Taking it all in, the market may have started a long move up, We will have to follow the TradeProphet triggers for next week, maybe the long position will be issued for it as well.

    Lets now look at the Growth portfolio, growth stock were out of favor lately, TradeProphet system issued the triggers below for the growth portfolio :

    (click here for help on the info below)

    Ticker

    Position

    Profit/Loss Ratio

    Max. Draw Down

    Sharpe

    Std. Deviation

    Alpha

    Beta

    Order Date

    ANIK

    Long

    6.40

    31.81%

    18.20

    0.10

    34.21%

    4.20

    02/05/2014

    EDU

    Long

    6.97

    8.92%

    21.30

    0.08

    32.89%

    1.12

    02/05/2014

    KORS

    Long

    6.78

    6.70%

    15.51

    0.06

    16.93%

    1.97

    02/05/2014

    KORS

    Long

    8.87

    3.35%

    13.16

    0.09

    21.49%

    2.56

    02/05/2014

    MELI

    Long

    5.17

    46.28%

    20.36

    0.13

    49.26%

    -5.62

    02/05/2014

    SAVE

    Long

    7.33

    11.56%

    11.40

    0.14

    30.49%

    0.22

    02/05/2014

    XRS

    Long

    16.85

    1.01%

    19.12

    0.05

    14.19%

    -33.56

    02/05/2014

    XRS

    Long

    5.45

    4.92%

    8.04

    0.21

    31.96%

    -1.03

    02/05/2014

    TradeProphet Triggers

    I must say that the attractive stocks seems to be KORS (though the Alpha isn't that high..) and XRS which issued a Log position with P/L of 16.85 (look at how uncorrelated the stock with the market, another good vibe..).

    Any good triggers in the Value portfolio ? lets look at the issued triggers

    Ticker

    Position

    Profit/Loss Ratio

    Max. Draw Down

    Sharpe

    Std. Deviation

    Alpha

    Beta

    Order Date

    GTAT

    Long

    5.50

    9.32%

    17.90

    0.10

    34.13%

    16.75

    02/05/2014

    HLF

    Long

    5.64

    7.79%

    8.10

    0.45

    69.62%

    8.19

    02/05/2014

    IDCC

    Long

    6.21

    11.15%

    8.75

    0.40

    67.83%

    6.48

    02/05/2014

    TradeProphet Triggers

    It looks like a high risk-high return for the value stocks right now, HLF looks on a good position to move up(keep a tight stop, loss or let TradeProphet do it for you).

    So, to conclude, I think the market as a whole is ready to move up,some gems in the growth list(KORS,XRS) and the risk is high but maybe worth it(NYSE:HLF).

    Happy trading,
    The TradeProphet team.

    Disclosure: I am long HLF, SPY.

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Comments (2)
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  • Anyoption
    , contributor
    Comments (1362) | Send Message
     
    Great post! Welcome to the Instablogs!
    3 May 2014, 04:11 PM Reply Like
  • TradeProphet
    , contributor
    Comment (1) | Send Message
     
    Author’s reply » Thank you ,great to be here ..
    4 May 2014, 05:38 AM Reply Like
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