Today´s Market June 25, 2013

ndx2506

With the exception of early trading, we experienced a less volatile day in the market. China´s central bank intervention announcement combined with better than expected US economic news provided the back bone for a positive day. Even though we traded very lightly as the month is coming to an end, our trading strategy performed well. At current levels we still prefer long on dips, but must remain cautious as any bad news will send the markets lower.

Today´s Profit USD 130  (Portfolio Size: USD 25,000)

Visit Past Trades to review our history.

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Today´s Market June 21, 2013

NDX2106

The market opened higher but soon entered into negative territory before rebounding, The NDX 100 closed somewhat lower but the Dow and the S&P 500 managed to close positive. We bought on down moves and closed our positions quickly as the market was nervous after yesterday´s selloff. Our prefered trade is to buy on down moves.

Today´s Profit USD 130  (Portfolio Size: USD 25,000)

Visit Past Trades to review our history.

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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.