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Live Trading System Signals on 12/30/2024

We did not trade live on Thursday or Friday last week but picked up live trading today and focused on the Nasdaq 100 futures and mostly synching up with the V-Reversal 2024 Long-Short for a small gain in the One Million MNS.


The Santa Claus Rally is a disappointment so far for the bulls this year, who were anxious to add to the already outsized gains for 2024. The Nasdaq 100 futures opened at 9:30 am EST was 21,409 while the 16:00 pm EST close as 21,411.50. The open to close gain was only 2.5 points. The Nasdaq 100 futures bounced 320 points off its early morning lows but rolled over and still closed down on the day. There is a lot of back and forth and the market breadth was down again today with the VIX closing in the 17 handle.


The Nasdaq 100 Index (not futures) is finally up on the year for the day session by 137 points. It is still one of the largest divergences between the night session and the day session we have seen with one trading day left in 2024 since the overall gain in the index is 4371 points (4234 points at night, 137 points for the day session). This is not technically sound by my measure!


Other interesting notes via CNBC are:

  • Two down days of -1% or more in the last 5 trading days of the year in the S&P 500 hasn't happened since 1952

  • The 8 largest S&P 500 stocks account for 35.7% of the market capitalization. In 1999, (pre dotcom bubble), this number was 22.2%


The One Million MNS was up +0.125% in live trade while the 250K Portfolio was up $250.


The hypothetical results for the Stock Index Portfolio 18 was -$1,930 per E-mini and -$48.50 per Micro. The Micros did better than the E-minis since the Micros did not take a losing trade in Micro Gold Gap Continuation 2020. This portfolio is sitting near a worse case drawdown, waiting for a bounce as the noise since mid-October remains in the market with continued price distortions.


The hypothetical results for the Top 50 Select was -$1,075.


The hypothetical results for the 50K Portfolio was +$1,880.

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CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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