Live Trading System Signals on November 11, 2022 - Stock Index Portfolio Equity Peaks


It's been a rewarding trading week with five winning days in a row to new equity peaks. It came through patience and enduring five losing days in a row last week. The gains for this week are more than three times the losses from last week.


Profits were made on both the long and short side this week. Wednesday's gains were on the short side while Thursday's and Friday's gains were made by going long the market.


Today, the 200K Portfolio was up $9,800 and the 50K Portfolio was up $2,850 in live trading. The hypotheticals were $10,455 and $3,136.50.


The main reason there was a difference between the live and hypothetical results today was an order rejected for the Cobra III E-mini S&P trade. We missed the trade due to fast market conditions. It hit its entry signal and exited in less than one minute around a news flash at 9:00 am CST.


The Nasdaq strategies were 4 for 5 today and the S&P strategies were 2 for 2 (even though we missed one in live trading).


The S&P futures are above 4,000 as of 4:28 pm EST. The seasonality and liquidity that insists this a good time to buy the dip with "trillions" on the sidelines ready to buy, make it a market that is hard to short.


We are flat as we go into the weekend.


It would be interesting to know how many times Sam Bankman-Fried's name has been spoken this week. I would guess that it must be a record for any name in the financial news in one week. Sam Bankman-Fried is the FTX.com founder and 30 year old billion last week (and bankrupt this week) and a big story in crypto and regulation. If you want to get more attention than Elon Musk, this is one way to do it.


The ripples from the crypto market were felt in the stock market earlier in the week. It's an interesting story of the type of fraud and mania that happens during market bubbles and how due diligence is thrown out the window during euphoria.

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