Futures Portfolio
Our futures trading portfolio started out last week with a hypothetical starting equity of $200,000.  This portfolio trades multiple strategies, but the bulk of the trades involve a trend following strategy utilizing channel breakouts and a discretionary overlay.  None of the strategies employed are employed as strictly mechanical trading systems.  In each trade, slippage […]

Stocks closed lower on Friday as traders were disappointed over the governments apparent confusion on how to deal with the ongoing banking crisis.  The 4th quarter GDP figures came in slightly better than expected, but that was likely due to a build in inventories rather than consumption.  Ultimately, the Dow Jones Industrial Average closed nearly […]

Futures Portfolio
Our futures trading portfolio started out last week with a hypothetical starting equity of $200,000.  This portfolio trades multiple strategies, but the bulk of the trades involve a trend following strategy utilizing channel breakouts and a discretionary overlay.  None of the strategies employed are employed as strictly mechanical trading systems.  In each trade, slippage […]

U.S. Stocks closed below Wednesday’s lows today as traders appear to have rejected the House Democrats’ stimulus package.  Some weak economic data also contributed to the decline.  Overall, it was just a weak day, and all one can do is chalk it up to the Bear Market.  Tomorrow’s GDP report may not have much affect […]

Futures Portfolio
Our futures trading portfolio started out last week with a hypothetical starting equity of $200,000.  This portfolio trades multiple strategies, but the bulk of the trades involve a trend following strategy utilizing channel breakouts and a discretionary overlay.  None of the strategies employed are employed as strictly mechanical trading systems.  In each trade, slippage […]

Today’s rally in the stock market was quite impressive.  All the major averages were up over 3%, and they all broke through some initial resistance levels.  Volume increased significantly over the last few trading days, and the breadth readings were very strong.  Considering that the market was set up perfectly to go lower after some […]

Futures Portfolio
Our futures trading portfolio started out last week with a hypothetical starting equity of $200,000.  This portfolio trades multiple strategies, but the bulk of the trades involve a trend following strategy utilizing channel breakouts and a discretionary overlay.  None of the strategies employed are employed as strictly mechanical trading systems.  In each trade, slippage […]

U.S. Stocks posted modest gains today on lighter volume and within a narrow trading range.  Most of the major averages are bumping up against one of my moving averages, and they appear to be setting up for a quick move to the downside.   A broad range of industry groups posted gains today, but none of […]

Futures Portfolio
Our futures trading portfolio started out last week with a hypothetical starting equity of $200,000.  This portfolio trades multiple strategies, but the bulk of the trades involve a trend following strategy utilizing channel breakouts and a discretionary overlay.  None of the strategies employed are employed as strictly mechanical trading systems.  In each trade, slippage […]

U.S. Stocks closed modestly higher on Monday on light trade.  Trading was a bit of a disappointment today since there was some positive economic news on housing and the Leading Economic Indicators.  The LEI actually rose in December, while existing home sales were up over 6% in December, and the supply of homes fell dramatically […]