OK, for those of you who might have been scratching your heads as to why I was trading against my signals leaving a bit on the table during the pullback, take a look at our current positions and returns:
Trades we entered early (last week for most):
FCX up 1.52%, GOLD up 135.25% (or 14.7% from when I urged those not in to get in), F up 1.07%, DPTR, down 4.44%, Nasdaq up 5.43%, FDX up 1.97%, Navr up 7.49%
For those trades entered this week:
SPY JUL 134 calls up 43.86%, TNA up 7.57%, BGU up 7.8% , FAS up 2.72%
I don’t hear much from you guys, I hope you’re catching most if not all of these runs. Until I say otherwise, the risk remains on the downside, so if I’m going to miss a trade it will be a pullback.
Every index except the Financials has moved to LONG/BUY as I knew they would based upon my key indicator moving to buy yesterday. Let’s enjoy this ride.
I have to run to a birthday party, have a good night!