Saturday, 2 August 2014

Week of 2014 AU 01

IWM fell by 2.6% this week, while my account fell 0.7%. The loss-floor has risen to -9.3%, which is about the same as where it was back in September, November, December, May, and also July.  Come on, Mr. Market — hurry up and crash already!

Political news: It seems Israel is actively trying to create the impression that it is committing war crimes in Gaza.  Perhaps this will help the Likud party retain control of the Knesset in the next election, which of course is the only thing in the world that actually matters?

Financial news: On Wednesday night, because US courts sided with US vulture funds and blocked debt-service payments to anyone else, Argentina was forced to default on its national debt (again).  Meanwhile, Banco Espirito Santo declared a loss that was larger than its shareholder equity (and thus is now bankrupt); apparently the government of Portugal is not planning to bail it out, so now what?  Globally, stocks fell sharply Thursday and fell some more on Friday.  Bounce next week?

End of week allocations:

16% equities, 73% cash USD
% gain
size
Max loss
Sym Buy Fri Mon Tue Wed Thu Fri Beg End
YHOO JL22 +1.0 16 +0.9 16 +0.8 16 +1.2 16 +0.9 16 +0.8 16 -0.4 +0.0
SRTY ¹ JL25 -0.0 11 +0.0 11 +0.0 11 +0.0 11 +0.0 0 -0.6 -0.4
URTY JL30 +0.0 14 -0.8 14 -0.8 14 -1.1 -1.4
SRTY ² JL31 +0.1 11 +0.3 11 -0.7 -0.2
IWM   -1.3   -1.8   -1.6   -1.2   -3.4   -3.9
me -7.8 -7.9 -8.0 -7.6 -8.6 -8.5
floor -9.7 -9.1 -8.9 -10.5 -10.6 -9.3

YHOO: Went below SMA(s) on Friday, causing a sudden jump in stop-price.

Stock-trading robot

Ticker
Symbol
Buy dateBuy priceSell dateSell priceAcct Profit
ModelActualMAModelActual M A M A
FRED JL 11 09:30 (Skipped) $14.96 (Not yet)
YHOO JL 22 09:30 $33.48 $33.56 (Not yet)
SRTY ¹ JL 25 12:00 $39.84 $39.83 JL 28 14:00 $40.11 +0.04% +0.03%
URTY JL 30 13:00 $82.00 $82.18 JL 31 11:00 $77.65 $77.75 -0.75%
SRTY ² JL 31 13:00 $41.79 AU 01 15:00 $43.17 $43.20 +0.31% +0.30%

FRED: Has now spent 11 days inside the range of prices seen on JL 17.  Bottomed on Tuesday, then retraced 38% of its fall from the 17th.  Going back down again?

YHOO: TRIX(s) is now rising but still near zero.  I suppose it could sell next week.

URTY: Nasty loss, but I think the robot did the right thing.  Although it is purely indicator-based and does not read the news, the robot ended up making an “FOMC play” (go long just before the announcement).  Unfortunately, the market was disappointed in Yellen’s remarks (no new QE to counteract Argentina and Banco Espirito Santo).

No comments:

Post a comment