At 12 noon, after watching the market float around my sell target of S&P 500 2759.18, I sold my exposure to the S&P 500 and all tech stocks. I did this (as planned) in advance of updating my macro indicator because the data feed necessary for computing the indicator wouldn't be available until 12:30 and I chose to mitigate my portfolio risk earlier than later.
My macro indicator declined to -28. Thus, I executed part 2 of my strategy and sold profits exceeding 10% in my dividend stocks at 12:32PM.
Follow signals from the Prophet4Traders system to identify turning points in the U.S. stock market
The purpose of this site is to share results of a trading system that I use for identifying both long-term and short-term trading opportunities. I take the time to do this because of my passion for investing and helping others succeed. The system helped me avoid the "Crash of 2007/2008" and every major correction since then. The cornerstone of my trading system are analyses of market liquidity to gauge longer-term market sentiment and equity and index options (put/call ratios) to identify short-term entry and exits.
This site is for information purposes only. Past performance of the trading system is not a guarantee of its future success. Please consider consulting a qualified investment adviser before making investment decisions.
