The One Million MNS was up +0.975% today while the 250K Portfolio was up $1,950 on the day. The Stock Index Portfolio 18 was up +$2,910.
The market continued to move higher today. The VIX was up and the stock index futures were up. We continue to see the VIX and stock index futures both move in the same direction on a small scale. We had a nice trade on Cobra Crude Oil today. Its one of those trades where you would have liked to load up on the number of contracts.
We have CPI at 7:30 am CST and an FOMC announcement on Wednesday. Since it is an FOMC Day, we are scheduled to not trade unless we get a signal from the FOMC Trader, trading system.
NVDA was up less than 1% after the stock split. We still anticipate some future profit taking in this stock but it wasn't about to give up any ground today and give into the expected trade.
The market keeps having some sharp sell offs at the highs. We are anticipating more two sided price action and maybe a larger pull back. We discuss how we have adjusted the portfolios to take advantage of short signals by turning on the Short signals in the V-Reversal COMB 24 trading system.
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