Bonds sharply higher today in line with our current positions

Todd Butterfield Market Opinion-Free, Model Bond Portfolio, Model ETF Portfolio 0 Comments

We have been long June bonds in our Model Bond Portfolio, as well as long TLT in our Model ETF Portfolio.  Both of those positions are sharply higher this morning. Our Model Bond Portfolio began with $25,000 early October, and currently over $32,000. Our Wyckoff Charting software “Market Pulse”, is very helpful in trading these markets.

Today we closed short position and entered some longs…

Todd Butterfield Market Opinion-Free, Model Bond Portfolio, Model ETF Portfolio, Model Stock Portfolio 0 Comments

Markets opened lower today and we covered our short positions, and then we entered some minor longs. We do not have major buy signals today based off the Wyckoff Tools, but we are on point to a change of trend. We took large profits in AAPL today of over $30 from our two short positions. We also covered shorts in the oil sector by covering XLE and XOM shorts. These also were nice profits. We …

Market are much stronger today then we expected, but….

Todd Butterfield Market Opinion-Free, Model Bond Portfolio, Model ETF Portfolio, Model Stock Portfolio 0 Comments

Wyckoff Wave has traded back to the top of its most recent trading range at 39,951. We really didn’t expect this much rally here, but we still believe we will once again reach resistence. We expect another run at the bottom of the most recent range. Oil Stocks are still relative weak, as well as AAPL trading very poorly once again on the recent Wyckoff Wave rally. Bond market is having another sharp selloff to …