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Live Trading System Results on March 8, 2024



The 250K Portfolio was up $700 today in live trading, trading the Stock Index Portfolio. We are up 1.5% on the month. The market conditions have been slightly more favorable so far this month. The range on the Nasdaq was 425 points today with a big reversal down. The range on the S&P was about 70 points with similar price action. At the end of the day, the S&P was long and the Nasdaq was short with a VIX that still closed below 15.


The Nasdaq and S&P closed down on the week while the VIX closed higher by 1.5 points. The $VIX daily chart is an uptrend with higher lows since 12/12/2023 when the $VIX made a low of 11.81.


There was a lot of strength at the open followed by a massive rollover but ultimately, we saw the end of day prop up price action that has been in the market since 2022. NVDA approached 1,000 and then sold off. The daily range on NVDA was over 100 points.


The trading system of the week was the Momentum Reversal trading system capturing three shorts.




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