Week of 2014 SE 19

(Yes, I know this post is a week late.)

IWM fell by 1.2% this week, while my account fell 1.9%.  The loss-floor has risen to -10.0%.

Market news: The market was not happy with the FOMC meeting, which announced a continuation of the tapering of Quantitive Easing (= money-printing to finance the US deficit).  If the market does crash in October this year, pundits will probably say that it began with today’s big drop; a trendline dating back to the March 2009 bottom has been broken.

Political news: Scotland voted “No” on secession.  Of course there are some complaints about vote-rigging, but it looks like the issue is settled “for a generation“.  The Scottish prime minister has said he will resign after this loss.  Oh, and war continues in Ukraine and Greater Syria.

Health news: A volcanic eruption continues in Iceland, causing minor local coughing from the pollution, but European air-travel is unaffected so nobody else cares.  Also, Ebola is up to 1½ million cases in Africa, but very few white people are getting sick so it’s not worth reporting on the network news shows in North America.

End of week allocations: Net 90% net equities, 25% cash USD

% gain size │ Max loss Sym Buy │ Fri Mon Tue Wed Thu Fri │ Beg End YHOO JL22 │ +3.7 19 +3.6 18 +3.7 18 +3.6 18 +3.4 18 +3.0 18 │ +2.0 +2.2 TNA ¹ SE11 │ -0.3 10 -0.5 10 -0.5 10 -0.5 10 -0.5 0 │ -0.5 -0.5 SRTY ¹ SE12 │ -0.1 11 +0.2 11 +0.2 11 +0.2 11 +0.2 0 │ -0.4 -0.4 SRTY ² SE16 │ -0.0 11 -0.2 11 -0.2 11 -0.2 11 │ -0.3 -0.3 URTY SE17 │ -0.1 14 +0.1 14 -0.3 14 │ -0.5 -0.7 TNA ² SE18 │ -0.0 11 -0.7 21 │ -0.5 -1.0 SRTY ³ SE19 │ -0.1 11 │ -0.6 -0.6 IWM │   +0.2   -0.9   -0.6   -0.4   +0.2   -1.0 │ me │ -6.2 -6.2 -6.1 -6.5 -6.4 -8.1 │ floor │ -8.3 -7.7 -7.6 -8.5 -9.0 -10.0 │

YHOO: Doing reasonably well.  Might sell next week if this downtrend continues.  Perhaps Alibaba’s IPO was the “top tick” before the crash?

URTY: Robot tried another “FOMC play”.  Once again, the market was not happy with the FOMC results.

TNA ²: Ouch!  Robot bought a second tranche just before the market tanked.  This does not look good.  I expect a loss next week.

Stock-trading robot

Ticker Symbol		Buy date			Buy price			Sell date			Sell price			Acct Profit
		Model	Actual		M	A		Model	Actual		M	A		M	A
YHOO		JL 22 09:30			$33.48	$33.56		(Not yet)
UWM		SE 11 09:30	(Skipped)		$83.97			SE 16 09:30			$81.94			-0.35%	+0.00%
TNA ¹		SE 11 15:00			$76.66			SE 15 10:00	09:39		$73.02	$73.00		-0.52%
SRTY ¹		SE 15 11:00	SE 12 14:00		$38.46	$37.57		SE 15 15:00			$38.60			+0.03%	+0.25%
SRTY ²		SE 16 15:00			$38.35			SE 17 10:00			$37.65	$37.67		-0.20%	-0.22%
URTY		SE 17 13:00			$84.11	$84.08		(Not yet)
TNA ²		SE 18 11:00			$74.00	$74.04		(Not yet)
		SE 19 11:00			$73.61	$73.65
SRTY ³		SE 19 14:00			$38.86			(Not yet)

UWM: Would have been a loser.  Good thing I skipped it.

SRTY: Okay, so the wrongly-timed SRTY ¹ was a winner, while the correctly-timed SRTY ² was a loser.  Of course!