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Quacera Monthly Market Radar

The Market ended the month with the S&P 500 index trading 8.5% above its 200 day SMA and up 6.96% so far in 2012. This also raised the index slightly above the last 3 short term tops in February, April & July of 2011. The July peak led to a 20% sell off that bottomed in October, 2011 at 1074.77. The Quacera QPM Radar™ of the ETF Universe we follow remains at 96.97% positive. Obviously this does not give the market much room for improvement and is a sign that we are well overbought. Our Composite YTD report, via @slideshare, shows the positive signals are producing a 10.74% average gain and our negative signals have generated -6.98% which translates to a gain for short traders. We remain dedicated to providing our subscribers with the tools to navigate these treacherous markets as well as providing our Asset Management Clients with a positive risk adjusted return.

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The data and reports provided here are for information purposes only. This is not a solicitation to buy or sell any security nor can the returns shown be guaranteed to indicative of future returns. Trading securities is risky and readers are cautioned that they should seek professional guidance before taking on such risk.