Algokid
Long

SPY MONTHLY UPDATE : ( still) LONG

AMEX:SPY   SPDR S&P 500 ETF
280 3 9
The SPY             will end up with a positive return of approx. 1.5 % for the first quarter of 2015. The average volatility for the quarter has been 13.50 % , which is great for short term traders.The top topics for the next quarter remain the same :

USD

The USD is up more than 8 % this quarter. We saw a price correction after the FEDS announcement earlier this month . Will investors continue to buy the USD in the next quarter ? why ? what does it mean ?

OIL

It seems the Saudis are winning the battle with falling oil             prices . The Kingdom hasn't budge and has no intention to cut oil             production anytime soon. in the U.S however, more than 53,000 jobs are expected to be cut because of falling oil            
prices.

Rates

the FED made it very clear , that unless we reach maximum employment ( about 2 %) , rates will not change . In my opinion, investors shouldn't worry about rate this year.

The SPY             remains above it's 200 MA , and the AK Trend ID shows no sign of correction, so this trade remains open.

Cheers

Algo
www.passivestor.com
IanLip
2 years ago
I like this market trend idea ... is it something we can use ? How long have you been using it?
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Algokid PRO IanLip
2 years ago
Hi ,

I've been trend trading since 2006 , but started using this indicator since 2009. You can use this indicator to help you identify " bulls/Bear" market. The mistake that I've seen often, is people trying to call the top or selling their investment too early. This indicator does a pretty good job on when to buy and when to sell .

If you used it as a signal for SPY ( which I'm doing) you would of been up 77 % since Jan 1 2012, which is not bad at all .
Reply
IanLip Algokid
2 years ago
thanks
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