Today´s Market July 11, 2014

ndx1107

The  market traded up all day long closing with a gain of 1.63% (NDX-100), it is the best closing for the Nasdaq since 2000. Today´s trading environment was extremely difficult for our strategy but we maintain our preference of shorting on spikes. The WTI finaly traded down closing with a loss of  1.76%  at 104.64. The upward move on the NDX-100 started last night after Mr. Bernanke´s speech in which he stated the FEd´s accomodative policies will stay for some time. It is mind-blowing how he changed his mind, as  6 weeks ago he mentioned the opposite of last night,  Mr. Bernanke needs to make up his mind. The market´s reaction to his comments are irrational. Bernanke expressed that QE will not be so quickly dismounted as the employment situation is not well and there are signs of inflation. This backdrop translates into a weak economic scenario resulting in down markets. Instead the market roared after his comments!!!

Today´s Profit USD 255   (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 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)