Trendfinder Trading Systems

Trendfinder’s systems had no trades today.

After the gap up and up-move the momentum died and the markets traded in a range the rest of the day.  Only two systems traded and had losses.

Today was brutal for trend following systems.  The stock markets went up and down multiple times causing these systems to get whipsawed.  All systems had losses today.

Mixed bag today.  2 systems were winners and 3 were losers.  Bobcat I, Bobcat II and Tiger had nice short entries but the market reversal stopped them out.  Bobcat I and Tiger then went long with profitable trades and made up for some of the first trade loss.  Cougar and Lion didn’t go short during the morning down move and just went long in the afternoon for small winners.  The Nasdaq closed up again….the bulls just won’t give up!

Trendfinder’s systems had no trades today.

Trendfinder’s systems did not have any trades today.

Ended up with 3 winners and 1 loser today.  The big up move happened so early and fast there was not much movement after the first 2 hours.

Choppy day – only 2 systems had any trades.  1 small loss and 1 moderate loss.

Trendfinder’s systems had 3 small losses and 1 small winner.  Had nice profits with the shorts until the market reversed back up mid-day.

Today we had 3 small winners and 1 small loser.  The Russell 2000 had another very small range today (only 7 points) so the winners and losers were small as well.  It will be interesting to see what happens this week since 3 of the 4 major stock indicies are testing June highs (the Nasdaq broke through those highs last week).  Right now the Nasdaq is the strongest index and the Russell 2000 (small caps) is the weakest.

Todays results broken down by system: