Tuesday, October 18, 2022

Smart Money - Uh oh

Sewing the seeds of a new signal

Smart Money - Uh oh

Corona Del Mar, CA

 

Howdy !

 

Transparency is extremely important when it comes to trading...

 

...and the trend over the past few years has been to reduce transparency.

 

China recently announced they weren't going to publish their economic data.

 

The U.S of course has been "cooking the books" since 2018 with the passage of FASAB 56.

 

That's why I'm firmly in the technical camp with data that's constantly being updated, not manipulated.

 

Thankfully the CFTC still publishes futures data on a weekly basis (and who holds what isn't a matter of national security or politics).

 

So what is that CFTC data telling us?

 

The seeds of a future sell signal are being planted.

 

These formations can take weeks to generate a signal -- or sometimes they just fizzle out.

 

But the spike in "dumb money" buyers in the Commitment of Traders report is clear as day:

So at the moment, the S&P 500 remains on a "buy" signal.

 

Long-term bonds are also on a "buy."

 

And since I do like to be extremely transparent about the many tricks of the trade I use to beat the markets...

 

...make sure you download a copy of this report to reveal more about the COT report, and how it can be used to time stocks and bonds.

 

Download now >>

 

 

 

Trade smart,

 

Dan "Prince of Proof" Murphy

 

 

 

 

 

 

 

 

 

 

 

 

 

Portfolio Boss, Inc.

260 Newport Center Dr, Suite 100 Newport Beach, CA 92660

 

About us: Created by our founder, Dan Murphy, Portfolio Boss 1.0 was released in 2014 as an alternative to mainstream back testing software. Although it was slow and clunky at first, it quickly grew because it offered scientific testing on large baskets of stocks and ETFs, including a ranking engine, and used a simple drag and drop strategy builder. No programming required. Also helping matters was the release of the popular report, The Relaxed Investor, with over 500,000 downloads and counting. Inside its pages laid the foundation for rotational investing, proven since 1926. Portfolio Boss quickly morphed into a multi-strategy trading machine with completely new concepts such as strategy stacking, spigoting, and meta-strategic trading. After years of development, Portfolio Boss morphed once again into the first automated A.I strategy builder with massive parallel cloud computing available to the public. With over 3,500 computer cores, "The Boss" was born. Not only can it invent trading strategies using human-made indicators, it also programs itself using C code. Currently, The Boss has been running for over 1900 years of compute time. Starting in 2022, The Boss was updated to include uncommon data such as fund flows and True Asset Pricing to improve strategies by a factor of 18x to 36x over indexing. What's next? Intraday trading and automation for starters. Our goal is to provide hedge fund level A.I tools for everyday kitchen counter traders.

 

Don't want to stay in the loop with Dan? We'll be sad to see you go, but you can unsub to no longer receive emails.

 

Government required disclaimer: The results listed herein are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.

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