The Stock Index and Commodity Portfolio made equity peaks two days in a row last week on Thursday and Friday. The Stock Index Portfolio 22 made equity peaks on Friday.
The market has been challenging since the start of June with very low percentage of profitable days. We chose to sit on the sidelines for most of the summer so far with choppy market conditions. These equity peaks are the confirmation we wanted to see.
We are now waiting for a drawdown for an entry signal to start live trading again in the portfolios.
The Stock Index Portfolio 22 trades 7 S&P strategies and 15 Nasdaq strategies.
The Stock Index and Commodity Portfolio trades the Stock Index Portfolio 22 in addition to 17 commodity strategies.
Natural Gas and Copper are some of the commodity markets that could provide us with some nice gains as we move towards the fall.
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