Monthly Archives: August 2011

P-Indicator Results for SPY and QQQ Show an Upward Bias

As of the close of Tuesday, August 30, 2011, p-indicator results for SPY and QQQ show a positive upward bias for 3%, 4% and 5% price envelopes. Share

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What is Next for QQQ After a 3% Rally?

The market had a good run yesterday with the Dow Jones Index closing up 2.3% and with S&P 500 and Nasdaq rallying 2.8% and 2.9%, respectively. These major stock market indices are close to retracing 50% of the downward move that started near … Continue reading

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Optimal Position Size Methods and Other Misconceptions

Optimality usually refers to a solution to a problem derived with respect to some objective function. A solution that is optimal with respect to a given objective function can be non-optimal with respect to another objective function. In trading, for example,  there is the well-known %Kelly method for calculating position … Continue reading

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p-indicator Results Point to More Volatility

As of the close of Tuesday, August 23, 2011, p-indicator results for SPY and QQQ point to more volatility and indicate a bias in favor of another drop in the short term. Specifically, a negative bias was calculated across the board … Continue reading

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GLD Update: Parabolic Move May End Soon

As I noted last week GLD has gone parabolic since the beginning of this month. I leave it for others, more qualified than me, to investigate whether this move is justified or not. As far as I am concerned it is not but … Continue reading

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Lekas’ $200 Oil Argument

Is a dollar devaluation policy with the objective of making the price of oil rise to $200 a sensible way of dealing with the trade deficit and the loss of manufacturing jobs to China? John Lekas argues that this is the strategy the FED is actively pursuing … Continue reading

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GLD Has Gone Parabolic

GLD, the popular gold ETF, has gone parabolic already. This reminds of the parabolic rise in SLV before its collapse back in May of this year. Parabolic markets often indicate panic buying from retail traders and uninformed investors who are … Continue reading

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