Trendfinder Trading Systems

Lion II Vol (original only), Tiger Vol A and Tiger Vol B each had a short trade today.

Four intraday systems had long trades. SentSwing II exited short trades.

Spring ES, Lion II Vol and Tiger Vol each had a long trade today.

Spring ES had a long trade.

MeanSwing II exited a short trade, and SentSwing II exited 3 long trades. Every intraday system had trades this week, and overall they were profitable.

The 3 most recent Fed chairs were interviewed this morning. Powell changed his tune about forward policy (said they would consider market reactions to any rate or balance sheet adjustments, especially relating to downside reactions), and said he wouldn’t resign if Trump asked him to. The other chairs reinforced Powell’s comments and lauded his transparency. To me, it seems they are trying to remove uncertainty because markets hate uncertainty. And, if this is their thinking, it makes me wonder, why are they trying to be so supportive of the markets? They seemed to be putting up a good show this morning of not being concerned, but was it just a façade hiding their true concerns?

Spring ES and Cheetah Vol each had a long trade today.

Spring ES and Lion II Vol had winning short trades, and Tiger Vol had a losing short trade. MeanSwing II RTY (Russell 2000) exited a short trade.

SentSwing II exited long trades, and Tiger Vol A had a short trade today.

To say it was a volatile month might be an understatement. Not surprisingly, the intraday systems overall had a gain for the month, and the swing systems overall had a loss.

2018 will probably be remembered for many years to come. It was an historical year with lots of unusual/rare price movements and politics. For these systems, I am very glad to see the performance of the daytrading systems (especially Spring ES) and saddened to see the poor performance of the swing trading systems. It certainly appears that the mean-reversion character of the stock indexes for the past 20 years has changed. Also, the magnitude of swings has increased such that stop losses are getting hit too frequently. I’m working on new swing systems or filters to use, and will utilize them as soon as testing is complete.

Spring ES, Lion II Vol and Tiger Vol each had a long trade. Leopard Vol had a short trade.