Gold was the top market to trade today in the Diversified Portfolio 57. Four out of the five Gold strategies that traded were profitable with Gold Wave leading the way.
Gap Continuation 2020 GC = +$1,875
SR CounterTrend Active GC = +$975
EVP-2 GC = -$525
Gold Flash 2025 = +$1,375
Gold Wave = +$4,545
Hypothetical Trading System Portfolio Signals and Results:
Two System Portfolio NQ = -$1,850
Stock Index Portfolio 18 = -$1,275
Stock Index Portfolio 37 = -$1,275
Diversified Portfolio 57 = +$10,515
Silver Portfolio = +$525
Very few of the stock index strategies traded today with a total of 4 strategies trading based on all 37 stock index strategies we are tracking.
Last week we saw the VIX rally 5 days in a row while the S&P 500 rallied 5 days in a row. This was one of the more extreme VIX Divergences. At the same time the move higher in the VIX was very small. Today the VIX sold off at the end of the day as the market sold off. Even though the VIX is typically inversely correlated with the market it has been more correlated recently.