Thought the Dow was going to turn south in the final hour as the market gave up most of its earlier gains. However, the bulls stayed the course and finished week 2.5% higher. Not bad, but be prepared for the fireworks on Monday morning. Those retail numbers may turn out to be a big eye-opener.
Also, we received a lot of interest in the LCT oil and gas model, and everyone seems interested in subscribing--which is awesome! And, we wish you all the best in making $$$$. Our new website will be officially up and running next week---www.LandColtTrading.com. The new blog may also be up by next week, but definitely before the end of the month. No worries, as we'll keep you posted.
Today's LCT trade went as follows:
SELL: PROFUNDS U.S. GOVERNMENT PLUS BOND FUND (GVPIX)
BUY: PROFUNDS ULTRASECTOR OIL & GAS INDEX FUND (ENPIX)
Now, remember, this is for your information only. If you act on it, then the risk falls on you. Just letting you know--buyer beware. For subscribers, though, a daily email will arrive approximately 50 minutes before the market close--so you could actually act on the trade.
Ok--there's our disclosure during the taste test, but track the model and see if it's going to make you any cash. So far, the hypos and test cases seem to be smiling.
I'll post the NAV of GVPIX once it's published (in about an hour) to see if the model made any cash today.
Talk to you,
Todd M. Schoenberger, Managing Director
LandColt Trading, LLC