IWM fell by 0.1% this week; my account did the same. The loss-floor has risen to -4.7%.
US news: The government’s world will end on Tuesday if Congress doesn’t get their act together and pass a new budget. As usual, Republicans are violating their Constitutional oath of office by threatening to make the USA default on its debts if they don’t get their way on social issues.
|End of week allocations:
ATML: Has been falling all this week. Good thing I sold it last week!
YHOO: Up a whopping 8.5% this week! But it spent the whole time above its SMA(10) so I didn’t buy it. Tim Knight says he’s shorting it now.
|Buy date||Buy price||Sell date||Sell price||Acct Profit|
|URTY||SE 04 11:00||$60.82||$60.80||(Not yet)|
|FNSR||SE 10 09:30||$23.53||SE 24 09:30||$23.14||-0.19%||-0.18%|
|UWM||SE 13 09:30||$69.80||(Not yet)|
FNSR: Normal trade, properly executed. Not sure why the gain calculation is off by 100 ppm. The model calls for me to buy this back Monday morning.
MACD-based trading model
No progress, but this still isn’t good enough. Right now I do not have a lot of confidence in any of my bearish trading models — and we’re heading into October (the month of mega-crashes).