Premium Market Analysis, Trader Education, Software, and Trading Strategies

Premium Signals

Systematic Trading Update-October 30, 2023 [Premium Signals]

Photo by Alesia Kozik

The weekly systematic trading reports include a market summary, open positions, new signals, and the performance of six 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 (October 23–October 27, 2023)

This week, we had another explosive mix of stronger-than-expected economic data and geopolitical uncertainty. Gold and bonds gained due to a flight to quality, while stocks ended lower.

Large-cap stocks (SPY) fell 2.5% on top of a 2.4% loss the previous week. Commodities (DBC) fell 0.5%. Gold (GLD) added 1.4%. Long-duration bonds (TLT) gained 1.4%. The US dollar index (UUP) ended the week up 0.4%.

Since the start of 2022, the TLT ETF is down 40.3%, while international stocks (VEU) have dropped 15%. The SPY ETF is down 11.2% in the same period. On the winning side, commodities (DBC) and the US dollar index (UUP) are up 21% and 18%, respectively, since last year. Note that in the same period, gold (GLD) is up 8.9%.

The best-performing strategies this week, on a relative basis, were again the Dow 30 long/short, despite the higher stock market volatility, and commodity ETF trend-following. These strategies tend to perform better in bear markets.

2. Ensemble Performance 

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.



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 should the Premium or Weekly Signals 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.