June 23, 2017

Performance speaks for itself

I had my first loss of the year in the ETF Extremes strategy. I should probably say that  it was only the second trade of the year, but even so, the strategy is still up 7.5% for the year. My performance goal for the year in both strategies is 30% – 50%.

The market moved just high enough to hit my stop-loss this morning, so I was unable to take advantage of the move lower after the fed announcement. The market could have easily interpreted the data differently, in which case the stop-loss woud have proved effective, but just the opposite occurred. Losing trades are a definite. It is how they are managed over the long-term that proves the success of a strategy and I think I have shown over the past few years that I have managed the strategy appropriately. The performance speaks for itself.

April 30, 2008 – Crowder’s Overbought/Oversold Readings

Major Benchmarks

  • Dow (DIA) – 61.1 (neutral)
  • S&P (SPY) – 49.5 (neutral)
  • Russell 2000 (IWM) – 50.9 (neutral)
  • Nasdaq 100 (QQQQ) – 60.7 (neutral)
  • Emerging Markets (EEM) – 59.2 (neutral)

Sectors

  • Biotech (IBB) – 43.7 (neutral)
  • Consumer Discretionary (XLY) – 50.0 (neutral)
  • Health Care (XLV) – 44.3 (neutral)
  • Financial (XLF) – 57.8 (neutral)
  • Energy (XLE) – 50.0 (neutral)
  • Industrial (XLI) – 63.6 (neutral)
  • Materials (XLB) – 35.2 (neutral)
  • Real Estate (IYR) – 39.7 (neutral)
  • Retail (RTH) – 52.5 (neutral)
  • Utilities (XLU) – 39.4 (neutral)

International

  • Brazil (EWZ) – 65.8 (neutral)
  • China (FXI) – 72.1 (overbought)

Others of Interest

  • Clean Energy (PBW) – 34.7 (neutral)
  • Water (PHO) – 62.7 (neutral)
  • Agriculture (DBA) – 22.8 (oversold)
  • Commodity Index (DBC) – 34.7 (neutral)
  • Oil Services (OIH) – 41.8 (neutral)

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