50K Portfolio 1 Micro SI 25 (LIVE) = +$2,400 200K Portfolio 6 Micro SI 25 (LIVE) = +$14,400
The Stock Index Portfolio 25 hit brand new equity peaks today with nice short trades.
2 out of 4 S&P strategies were profitable today
6 out of 7 Nasdaq strategies were profitable today
Today was the biggest trading day of the year for the portfolios as the market sold off and reversed yesterday's rally. It was interesting to note how the market ran into some serious resistance yesterday. It had been at those resistance levels many times.
I thought the market would move higher and break through those resistance levels before rolling over again. The rally yesterday was puzzling and the price action today makes sense.
It was good to capture the long side yesterday and the short side today.
Tomorrow is the jobs report and next Wednesday is CPI.
If the market had a 50% retracement from the pandemic lows to the 2021 highs, it would be a normal market move.