The news feed seems continuous but when we back away and look at price action in the stock indexes since the low on March 30, the market has been in a "new quarter, new trend, new mindset" mode, with gap ups and low VIX. The bulls have generated a big rally recovering about 2/3rds of the sell off this year from all time highs to recent lows.
Individual stocks have seem some extreme oversold conditions while the indexes have gone through more of a time correction than a real price correction. The selling has been controlled without any real capitulation or fear.
It is possible an index level bear market or correction is coming but it remains one of the slowest developing bear markets if it is.
We continue to navigate this market with long/short strategies.
Wednesday's trade was news driven with a massive gap up on what "seemed" like a ceasefire. Later in the day, the terms were unclear. The day session was more range bound since the gain for yesterday's session in the stock indexes was in the overnight session.
The 25 System Portfolio will replace the 27 System Portfolio, adding Open Range 2026 and removing the Long Only version of V-Reversal II and V-Reversal 2024 (since we also trade the long-short version of these two strategies), as well as remove Tick Wave.
The Stock Index Portfolio 37 will be archived for tracking only.
The 3 System Portfolio NQ has been added to trade the 2 System Portfolio NQ with Open Range 2026.
Silver had massive gains yesterday but we are tracking this more than trading this since the order book has become so thin. See the video below.
Hypothetical Trading System Signals on 04-08-2026
27 System Portfolio NQ = +$895
25 System Portfolio NQ = +$1,720
Diversified Portfolio 57 (NQ Only) = -$990
7 System Portfolio NQ = +$2,285
Stock Index Portfolio 37 = -$1,815
Stock Index Portfolio 18 = -$990
3 System Portfolio NQ = +$960
2 System Portfolio NQ = +$960
Silver Portfolio = +$14,950
50K Portfolio (Micros) = +$533 (without Gold and Silver)