Marketcycle360 Investment Results 5-1-2010

May 3, 2010 - 13:23 | admin

Here is this weeks results.  The Program gave a couple trades today.  Its selling (DIG) Oil Bull ETF (~ a 10% gain) and buying the (DUG) Oil Bear.  I will turn on the new feature for the multiple benchmark one of these days so I won’t have to have 3 different benchmarks for the Oil group.  MC360 is also selling the 2x S&P 500 ETF for around a 9.7% gain depending on the close today, which around noon EST looks like the S&P will close up today.

These trades seem contrary to what any market watcher would suggest for the oil and s&p trades, but you can’t outsmart the cycles.  I would have guessed oil would go up due to the gulf spill, and I would guess the s&p would continue in this bullish trend due to the printing of US Dollars (the money has to go somewhere).

Marketcycle360 5-1-2010

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