There were equity peaks in the newly released portfolios for which we gave drawdown entry alerts to start trading on April 10th. The One Million MNS was up 4.2% while the 250K Portfolio managed accounts were up +$8,400 and the Stock Index Portfolio 18 hit new equity peaks going up $5,320 today on just 3 trades.
Thursday's can be good trading days.
The overnight Nasdaq strategies as well as the V-Reversals captured some really big moves after a gap down. The gains were doubled in the after hours on Microsoft earnings. Yesterday's META earnings hit us for a -0.3% loss in the after hours while MSFT earnings moved doubled our gains on the day for another 2% after the bell.
Its good to be able to capture a much larger percentage gain than the broader market or indexes on days like today. The market was setup to trigger sell signals but the Nasdaq algos were able to see the long side today for the reversal trades.
The Nasdaq has been the laggard in the portfolio. Today, it was the leader while other markets lagged. This setup offers diversity of markets as well as diversity of entry and exit methodology.