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Trading System Signals on May 13, 2022 - Long Trades Take us Positive on the Week


50K Portfolio 1 Micro SI 25 (LIVE) = +$1,100

200K Portfolio 6 Micro SI 25 (LIVE) = +$6,600


2 out of 3 S&P strategies were profitable

7 out of 11 Nasdaq strategies were profitable


We ended positive for the week after today's trade. We had one of our biggest long trades on for the year with 7 Nasdaq strategies long at the same time. We were above last Thursday's equity peaks for the portfolios at the highs of the day. We encountered some chop and gave back some of the gains but were able to end positive on the week.


Very small gain on the week that I would call "break even" for the week.


Tick Reversal NQ hit equity peaks with two nice long trades today.


I posted a video yesterday about limit moves and flash crash warnings. The CVIX hit 80 yesterday, which is a level only seen during the 2020 Pandemic and 2008 Financial Crisis. I think we are still at risk of potential limit moves and flash crashes if the market moves significantly lower. It has been such a controlled bear market to this point but we are at a threshold were it could become more emotional.


Yesterday, Jerome Powell was re-confirmed for two more years and posted bearish comments yesterday about painful times ahead to control inflation and how the Fed could not ensure a soft landing.


Consumer sentiment surprised on the downside at 59.1 versus 64.1 expected.


Does the market consider bad news good news in anticipation of inflation cooling and a Fed pivot? I don't see that happening. Crude Oil closed above $110 and inflation is sticky! We were due for a technical bounce or some accelerated selling and we got the bounce with the VIX Divergence.


I prefer to be a short term trader and have the opportunity to be long or short on any given day.

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