Friday, September 14, 2012

Market update - week ending - 09/14/2012


Bond (TLT) is no longer long. Signals continue to be long for all other asset classes.
Fed's QE3 announcement took all asset classes further into the long territory. 

ETF Status Notes
TLTCash
Waiting for next signal
DBA Long Stop Loss: Close below 29
SPY Long Stop loss on a close below 133
UNG Long Stop loss on a close below 17.5
GLD LongStop loss on a close below 153. 

Saturday, September 1, 2012

Market update - Week ending - 08/31/2012

All asset class continue to be long.

UNG had a bit of a whipsaw during the middle of the week where it closed below 18 on Aug 27th. and was back above 18 at COB (close of business) on Aug 29th. Signals continue to be long for all asset class.

ETF Status Notes
TLT
Long
Stop Loss: Close below 120
DBA Long Stop Loss: Close below 29
SPY Long Stop loss on a close below 132.5
UNG Long Stop loss on a close below 17.5
GLD LongStop loss on a close below 153. 

Stay long and stay strong!