Today´s Market July 16, 2013

NDX1607

 

The market opened slighty higher before retracing lower closing 0.25% negative as the NDX-100 recouped most of its losses during the last 30 minutes of trading. Today´s environment was positive for our strategy as some degree of volatility was present, thus we still favor shorts on spikes. On the economic front, Industrial Production and Consumer Price Index came in higher than expected. If  subsequent CPI reports come higher, the FED will have to rethink its QE stance and start to dismount it or end its accommodative policies in order to contain inflation pressures which in turn  could cause a down market. We saw what happened last time Mr. Bernanke hinted a gradual QE easing…………..

Today´s Profit USD 105   (Portfolio Size: USD 25,000)

Visit Past Trades to review our history.

In August we will start placing our trades real-time on Twitter @NDXTrading

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Today´s Market June 24, 2013

ndx2406

The market traded lower soon after the opening. The sell orders were intense and any attempt to rebound was met with selling pressure, reaching almost a 2% loss. At noon the market traded higher closing the day at a negative 1%, proving our approach of buying on down pressure quite succesful. At this levels we recommend caution but our stance remains the same (long on selling pressure).  Market participants are very nervous as a result of the  recent announcement from the FED and dire economic news out of China.  We hope trading resumes to normal trading patterns with less volatility!!! For the remainder of the week we will trade less as to maintain current profits.

Today´s Profit USD 335  (Portfolio Size: USD 25,000)

Visit Past Trades to review our history.

Today´s Market June 20, 2013

ndx2006

As mentioned yesterday, today we saw a bloodshed in the market with losses well above 2% in the Dow, S&P 500 and the Nasdaq. We thought today we were going to have a down market but it well surpassed our expectations. The Fed will soon end its accommodative policies, therefore the market is adjusting its QE induced profits. Hopefully the adjustment will be quick allowing the markets to move on economic news as well as stock fundamentals.  We are changing our prefered trade; as of today we prefer to go long on dips.

Today´s Profit USD 400   (Portfolio Size: USD 25,000)

Visit Past Trades to review our history.

Today´s Market June 19, 2006

ndx1906

Today the market opened higher and traded sideways until the Fed announcement when it just got hammered. Mr. Bernanke and Co announced that if the economy and employment numbers improved further he would start dismounting QE, therefore our favorite trade is short on spikes. Today we traded very lightly and closed opened positions. Tomorrow, we expect  the market to  drift lower tomorrow, therefore caution is warranted. We have had a succesful trading month so far, therefore we will not take much risk in order to preserve our profits.

Today´s Profit: USD 189  (Portfolio Size USD 25000)

Today´s Market June 18, 2013

ndx1806

Today the market opened higher and kept going with a few corrections on the way, closing  a few points off the high. We applied our strategy of going short on spikes but assumed very little risk, therefore closed our positions rather quickly. As of today we still prefer shorts on spikes but will define our strategy depending upon tomorrow´s  Fed  announcement.  We believe tomorrow will be a very volatile day thus  staying out of the market as much as possible.

PROFIT; USD 160 (Portfolio size USD 25000)