Premium Market Analysis

Premium Signals

Weekly Signals Update – August 23, 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 brief commentary about the strategies and market. Access to article requires Market Signals or All in One subscription. 

Market Recap and Comments

Stocks (SPY) finished the week up 0.6% after falling as much as 2.2%. Commodities (DBC) plunged 6.1% and finished the week near lows. Gold (GLD) finished the week up 0.2%. Bonds (TLT) rose 1.3% after falling slightly negative.

Last week I wrote:

The highest probability scenario at this point is a correction in stocks and more gains in bonds. Commodities and gold are more uncertain.

Uncertainty in commodities combined with crude oil losses triggered a sell-off that will probably continue into next week but then this market will become oversold. The odds are in favor of increasing volatility in stocks and bonds. Gold is pretty much financialized and eventually may follow stocks.

Strategy Performance Recap

The average weekly change of active strategies was -0.4%. Two strategies were up and three were down 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.