50K Portfolio 1 Micro SI 25 (LIVE) = +$360
200K Portfolio 6 Micro SI 25 (LIVE) = +$2,150
3 out of 5 S&P strategies were profitable
3 out of 4 Nasdaq strategies were profitable
6 out of 9 of our strategies were profitable today
We don't typically see the S&P strategies trade more than the Nasdaq strategies. Today's rally was large but very stealth and it did not generate many buy signals or trade signals in general. Cobra CT III had the trade of the day but was stopped out on the lows of the day. I anticipated more selling in the market today with the prop up price action yesterday.
We did see a gap down but there is liquidity that is searching for a short term bottom. With this stealth rally, it is possible we could see more follow through to the upside in the short term, back to the longer term trend line. Gap fills seem to be more frequent.
We are flat at the end of the day and tomorrow is Jobs Friday at 7:30 am CST/8:30 am EST. The jobs report hasn't been as big of a deal with the CPI being the main economic report with the rise in inflation. Its been an unusual post holiday week.
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