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Trading bot results for today: -0.37% (S&P 500: +0.82%) Like I planned last night, on a gap up I would short UYG and UYM. Here's the fills: -25 UYG @ $39.50 -34 UYM @ $29.01 So much for going to bed early tonight :(

Trading bot results for today: -2.06% (S&P 500: -2.06%) I don't see how the S&P 500 could break out of this wide trading range to the upside given the implosions happening in the BRIC stock markets in particular, and other world stock markets. The chart I saw tonight that paints the clearest...

Trading bot results for today: +1.16% (S&P 500: +1.07%) Dead cat bounce, day 3. There are a few troubling observations to go over today. First, AGQ had a severe underperformance to its benchmark: +6.94% vs SLV +4.71%, a miss by 2.48%. I remember in 2008 when the banks couldn't be shorted...

I re-arranged the real-estate short this morning. I sold out the 100 shares of DRV @ $12.70 and shorted 56 shares of URE @ $44.82 (2x long real estate). This puts time decay on my side, but limits the profit potential unless I add to the postion. This isn't a problem for me because I love adding...

Trading bot results for today: +1.28% (S&P 500: +2.34%) Dead cat bounce, day 2. SPY is also at nearly 50% retracement into the range. I might place a nearby limit buy order tomorrow for a small amount of DRV. It will depend on how I feel about the market open tomorrow. Currently, the...

Trading bot results from Friday 9-23-2011: +0.59% (S&P 500: +0.61%) For the record I was wrong about the resistance holding on SPY/GLD. It broke above the resistance Friday in a big way as gold fell precipitously on margin hikes. Also of importance, the gold/silver ratio was holding steady...

Interest rates are the biggest long-term driver of gold prices, just like any other floating currency.

Its true that platinum will decline in an economic downturn, which we are no doubt experiencing now. My concern specifically was Bernanke loosening monetary policy at a time when I know my dealer has a VERY tight physical supply of platinum that is already under pressure from 1:1 parity with...

Trading bot results for today: -3.24% (S&P 500: -3.18%) There were some eye-popping down moves in the BRIC etfs, oil, silver, and the AUD. Many of these are technically significant breakdowns. Looking through the charts of the banks in XLF, it looks like a waterfall decline with no end in...

Need... more... popcorn

Trading bot results for today: -1.17% (S&P 500: -2.94%) My observations from yesterday turned out to be spot on, especially FXI breaking down to new 52 week lows. My DRV shares bought a few days ago now have a nice profit. I'm playing for the IYR to make a big downtrend, so if anything...

Trading bot results for today: +1.44% (S&P 500: -0.16%) Scanning through charts tonight, I noticed that the Russell 2000 had a big divergence from the S&P 500, the S&P was flat and the Russell was -1.5%. The China etf (FXI) is pretty much right at the lows for the year, which is a bleak sign...

Trading bot results for today: -1.34% (S&P 500: -0.98%) This Saturday I finally bought that 1 oz platinum coin for my unborn son. The price might go down more, but I wanted to buy ahead of any potential stunner news from the Fed or a bank run in Europe. I also bought another 10 oz silver bar...

Trading bot results for today: +1.09% (S&P 500: +0.57%) Here's an updated graph dating back to the start of this journal:

Trading bot results for today: +1.46% (S&P 500: +1.72%)

Trading bot results for today: -0.37% (S&P 500: +1.35%) Ouch. For me, the best thing to do is focus on my daily routine and my research. Instead of fretting about today's large loss relative to the S&P, I have spent the past couple hours researching new trading ideas and found some really...

Trading bot results for today: -0.14% (S&P 500: +0.92%) As planned, at the open I covered my KIE short at $33.31 and got long 100 shares of DRV at $12.13. I don't know how long I will hold DRV, my exit plan is either the volatility goes out of the market or I find a better use for the...

Trading bot results for today: +0.14% (S&P 500: +0.7%) JNK and HYG both have confirmed death crosses. Next up: IYR (REIT etf). I am planning to cover the KIE short I've had for a few weeks at the open tomorrow and replace it with a DRV purchase (3x short real estate). I will buy at 1/2 the...

Trading bot results for today: -0.31% (S&P 500: -2.67%) As a rule of thumb, I like to engineer a low volatility profile (add hedges) when the market is high volatility, and a high volatility profile (no hedges) when the market is low volatility. The bot has been engineered to do this also...

HYG death cross imminent (50 day SMA < 200 day SMA): Please note that stockcharts.com back adjusts dividends into the price as if the dividends were being reinvested without transaction costs, and that affects the moving average calculations shown. This wouldn't make a big difference for...