Posted in MOMO1, MR1, Strategy Update, TREND1 on May 31, 2008 | 2 Comments »
It was another good month across all three published strategies – you’ll find the individual strategies pages (MOMO1, TREND1, MR1) have updated equity curves, statistics and current holdings. But as will be the norm going forward, I’ll update the monthly performance here.
MOMO1:
Return for May-08: 11.5% (does not include dividends or commission charges)
Return YTD: 19.0%
Current holdings: [...]
Posted in MR1, Strategy Update on May 29, 2008 | Leave a Comment »
Well, that was quick – just a single day holding period on XLB and we’re outta there. Bought at 43.63, sold at 44.43 (both at the open) for a return of 1.83% (not including commissions).
Posted in MOMO1, Quantitative Analysis on May 28, 2008 | Leave a Comment »
I read a lot of economic blogs, mainly because I find the subject interesting. But I ignore them in terms of my trading/investing. Why? Because most of the time, sadly, their reporting is not actionable. It can range from interesting information to paranoia – particularly on certain websites such as Bill Cara’s website. Now I [...]
Posted in MR1, Strategy Update on May 28, 2008 | Leave a Comment »
MR1 cashed out of IBB this morning and took a position with XLB which was bought at the open. IBB gained 1.08% on the position (including commission) – so not great, not bad. XLF continues to be held as well, with the position continuing to be in the red.
Posted in Politics, Uncategorized on May 26, 2008 | 4 Comments »
This is what is important to remember on Memorial Day:
(Image courtesy of Mother Jones)
I’m completely against the War in Iraq and this is one reason why – putting our honorable military people in harms way for what I believe is a useless war. But regardless of how I feel about the war, we have to [...]
Posted in QuantCloud on May 24, 2008 | Leave a Comment »
Know What’s in Your ETF and How the ETF is Calculated : Trader Mike
Mike looks at the DUG ETF and why it’s been acting so funny.
World Beta – Engineering Targeted Returns and Risk: Rebounding
World Beta takes a look at investing in stocks/ETFs that are down for a given month and presents a strategy.
Quantext – “Humble [...]
Posted in Strategy testing, tagged RSI(2) on May 24, 2008 | Leave a Comment »
IBDIndex continues the RSI(2) testing…..at this rate, the combination of bloggers working on this will be able to publish our own research paper on the strategy.
Posted in Strategy testing on May 24, 2008 | 24 Comments »
I don’t know if it is just the case of like-minds thinking alike, but I just was over at Dog’s site and found a discussion of using the percentage of stocks on RSI(2) < 10 as a breadth indicator. Funny that – as I was working over the past two days on just such a [...]
Posted in QuantCloud on May 22, 2008 | 2 Comments »
Quantifiable Edges: Nasdaq Net New Highs Potentially Ominous
Rob worries about the lack of net new highs on the Nasdaq and if this is a bad thing…
Kirzner Fervor: The Hedge Fund strategy that wasn’t?
Kirzner – if you haven’t read him – he’s incredibly smart. This piece walks through an interesting strategy idea that he ultimately decides [...]
Posted in MR1, MR2, Strategy Update on May 22, 2008 | Leave a Comment »
So, I bought the IBB as promised this morning. I did look at the options but they were so thin in the trading I decided to just go with the stock. Too bad – I’d be up 18-20% on the position already if I had! As it goes, however, I’m still up, albeit small, on [...]
