Growth vs. Value strategy. This model is currently long IWO @81.67. This model will sell the long and get short IWO at the open tomorrow November 25th.
The Short term S&P model is long at 1175 this model will exit at the 1st open above 1175 or on a stop at 1151.5.
Gold stock trading model- is long GDX at 57.86. This model will sell the long at the open tomorrow November 25th.
The intermediate term S&P Model is long from the close on November 18th. No open orders.
The NASDAQ model is long as of the close on November 22nd. No open orders.
The VIX Model is short from the close on November 18th. No open orders.
The Bond trading model is long from the open on November 23rd. No open orders.
Real time VIX or VXN quotes here use symbol VIX, VXN
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RIPE TRADE AND SHARPE IDEA ENTRY PRICES
Below is a link to an active spread sheet with cells that turn green when buys get triggered or red when shorts are triggered. Please note that the quotes in the spread sheet may be up to a 20 minute delay so check current prices. You will also notice some of the cells in the “Days % change” or “Entry price – low” column , may be green or red outside of market hours, that’s because these columns are based on the last trading session. If a cell turns red or green during the market hours for the current trading setup day , then a buy or sell is triggered.
Sharpe Longs
Sharpe Shorts
Ripe Trade setups
The following positions are long FDML, BTU, ACI, TPX, HMA, BPOP, BHH, EGPT ,SHLD, ARBA, TPX, UNT, NRG, LAMR, CHK, RKT, IPG, EV, LYB, RRD, MET, SATS, GTI, ITRI, NBR, SWKS, IPGP, HUM, MWW.ANR, HGSI, ECH, TMV . The following positions are short LHB, DUG, ERY.
** Note, you can use our RSI calculator to determine what price the stock will need to close at to get a desired RSI reading.
Ripe Trade longs level 1 entry 4% limit below prior close, level 2 entry 10% limit below prior close
Ripe Trade Shorts – enter on a limit 10% above prior days close
Sharpe Longs– enter on a limit 4% below prior days close.
Sharpe Shorts – enter on a limit 5% above prior days close
As a general rule for Ripe Trade and Sharpe long entries the lower the entry price is based on prior days close the better the historical results. For the Ripe and Sharpe Short entries , the higher the entry price the better the historical results have been. The limit prices are good for the day only! Exit rules are the same for Ripe Trades and Sharpe Ideas!
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules – Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
You can use a very wide 30% stop loss on these positions so position your trade size according to a possible 30% loss. A few ways to limit the risk without a stop loss are 1) Position Size – lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap. These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
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Long Term models
Optimal Momentum model – This model is currently long GLD@ 146 and IEF @ 103 .This model will only make trades at the close on the last day of the month. Click here for historical performance.
ETF Momentum models- “Sector model” is long utilities XLU, “ International model” is in cash SHY, “Low correlation model” is long bonds & cash TLT & SHY, “Style model” is in cash SHY. Historical performance of these models, here.
Growth vs. Value strategy. This model is currently long IWO @81.67. This model will sell the long and get short IWO at the open tomorrow November 25th.
Gold stock trading model- is long GDX at 57.86. This model will sell the long at the open tomorrow November 25th.
Long term asset allocation model. -This model will only make trades at the close of the month. Below you will find the current positions. Click here for details!
Asset class ETF quotes
Some thoughts on trading these models-If you miss a trade by accident its not a bad idea to buy in at a better price if the opportunity is there. However I wouldn’t try to game the system and make a habit of trying to get in a better price. And much worse I wouldn’t add into a losing position, this only guarantees yourself to have a big position on for a loss and small positions on for the best trades that never go into drawdown. Stick to the rules! Be careful buying mid-signal. It is always best, to wait until the next fresh signal to begin investing. Be Patient. Be Patient. The #1 reason most investors fail with any investing process is they are not patient. As good as we believe these strategies to be, they will only work if given time. Follow the recommendations without thinking too much and you are much more likely to have success than if you scrutinize the recommendations. One way to trade the signals without thinking too much is, start with a real small position size. Invest half your usual trade size until you are comfortable with the nuances of the system. You should only invest money that you are willing to lose. All investments, systems, etc. – have risk, including the risk you could lose some or all of your invested principal.
Here is a video that may help some of you understand how to use the setups above. Click here
Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions
