Trading System Signals on March 10, 2022 - AMZN Stock Split Propped the Market


50K Portfolio 1 Micro SI 25 (LIVE) = -$550

200K Portfolio 6 Micro SI 25 (LIVE) = -$3,350


Up on the week and month in trading after starting on March 3rd in the 200K based on increasing contracts to 6 micros on March 8


SI 25 = Stock Index Portfolio 25 fully automated algorithmic trading systems portfolio


The bulls are always looking for a way to bring interest back to the stock market. A 20 for 1 stock split on AMZN generated a 5%+ gain on AMZN on the day and helped maintain the Nasdaq from more selling since the Nasdaq is heavily weighted in AMZN stock.


Stock splits don't change the fundamentals but do entice investors on a psychological level.


The CPI was hotter than expected once again. We continue to see markets rally on high CPI. Today the indexes were down but closed toward their day session highs after making lows on the day at 11:30 am EST on the Europe close. Sometimes bad news is positive for the market since the market sees bad economic news as more free money from the Fed. A hot CPI does the opposite and will encourage tighter monetary policy. This has to be the toughest bear market to short on an index level. I think it could means we are due for some more downside since we haven't seen any real tough selling yet on an index level and nothing close to capitulation. We are flat at the end of the day and ready to go long or short based on our strategies.

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