The weekly systematic trading reports include a market recap, open positions, new signals, and the performance of seven trading strategies.
Report Contents
1. Market Recap and Comments.
2. Ensemble Performance.
3. Positions and Performance of Strategies.
4. Signal Summary for Next Week.
1. Market Recap and Comments (March 27 – March 31, 2023)
Stocks (SPY) advanced 3.4% due to optimism that the banking crisis is over and inflation is coming down. However, the future is uncertain, and price action will always depend on future information. A balanced approach to avoid overexposure to equities and surprises from another possible bull trap may be a good guide.
Commodities (DBC) were up 3.4% on the week due to broad gains. Gold (GLD) finished the week slightly down (-0.2%). Long-duration bonds (TLT) were down 0.4%. The US dollar index (UUP) fell 0.5% on expectations of cooling inflation and possible rate cuts later this year.
Stocks (SPY) are up 7.5% year to date. Gold (GLD) is up 8%. Commodities (DBC) are down 3.7% after rising 19.3% in 2022. The US dollar (UUP) is slightly up for the year with a gain of 0.3%, after a 9.5% gain last year.
2. Ensemble Performance
Below is the weekly performance recap, including year-to-date performance and a comparison to the performance of the S&P 500, our PSI5TF futures trend-following strategy, and the DBMF ETF.
Access the full report with a Market Signals or All-in-One subscription.
By subscribing you have immediate access to hundreds of articles. Market Signals subscribers have immediate access to more than two hundred articles in the Premium Education section and All in One subscribers have access to all premium articles, books, premium insights, and market signals content.
Free Book
Subscribe for free notifications of new posts and updates from the Price Action Lab Blog and receive a PDF of the book “Profitability and Systematic Trading” (Wiley, 2008) free of charge.
Charting and backtesting program: Amibroker. Data provider: Norgate Data
Disclaimer: The Premium and Weekly Signals are provided 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.
