Premium Market Analysis

Premium Signals

Weekly Signals Update – August 16, 2021 [Premium Signals]

The weekly systematic trading report includes open positions, new signals and year-to-date performance of seven trading strategies. The report also includes a commentary about the strategies and market. Access to article requires Market Signals or All in One subscription. 

Market Recap and Comments

All ETFs closed with weekly gains although during the week they were down. Stocks (SPY) finished the week up 0.8% at new all-time highs. Commodities (DBC) gained 0.3% on the week after losing as much as 2.2%. Gold (GLD) finished the week up 1.1% after falling 2.4%. Bonds (TLT) rose 0.5% after losing as much as 1.6%.

Three weeks ago I wrote:

The stock market rally is mainly fueled by passive index funds and it will probably take more than fundamentals for a change in trend.

Stocks forged higher while almost everything else followed with gains. This short-term alignment is unsustainable and in the next two weeks there will be some decoupling. The highest probability scenario at this point is a correction in stocks and more gains in bonds. Commodities and gold are more uncertain.

Strategy Performance Recap

The average weekly change of active strategies was 0.6%. All strategies gained on the week.

For access to premium content, you must be a subscriber. Please login if you are already a subscriber or subscribe to continue reading...

Disclaimer: The Premium and Weekly Signals are provided as an educational trading tool for informational purposes only and do not constitute investment advice. We do not warrant the accuracy, completeness, fitness or timeliness for any particular purposes of the Premium and Weekly Signals. Under no circumstances the Premium or Weekly Signals should be treated as financial advice. The author of this website is not a registered financial adviser. Before subscribing please read our Disclaimer and Terms and Conditions.

Copyright notice: Any unauthorized copy, reproduction, distribution, publication, display, modification, or transmission of any part of this report is strictly prohibited without prior written permission.