Daily Watchlist · On Our Radar · Portfolio Update

Portfolio Update – 2016/10/06

Quantitative Strategy – Automated Portfolio Update

Performance

ASSET CLASS TYPE LONG or SHORT DAILY % MTD % QTD % YTD%
Equities Short-Term Long Only        
0.42% -0.66% -0.66% 45.65%
    Short Only        
      0.07% 1.13% 1.13% 35.45%
    Long/Short        
      0.28% 0.07% 0.07% 41.76%
  Medium-Term Long Only        
      -0.37% -1.34% -1.34% 19.41%
ETF Short-Term Long Only        
      -1.51% -1.18% -1.18% 29.78%
    Short Only        
      0% -1.34% -1.34% 5.45%
    Long/Short        
      -1.51% -0.12% -0.12% 28.36%
  Medium-Term Long Only        
      -0.54% -1.63% -1.63% 23.92%
Futures Short-Term Long/Short        
      -0.09% 1.09% 1.09% 7.65%
FX Short-Term Long/Short        
      0.35% 0.35% 0.35% 15.47%
SPX Benchmark Index          
      0.05% -0.35% -0.35% 5.72%
             

Portfolio Commentary

We went long the utilities (XLU) in our ETF portfolio after going long the IYR yesterday, as our signal believe the recent plunge in the two rate sensitive sectors are overdone. We are also adding GDX on our Medium-Term portfolio, in addition to the Short-Term portfolio where we went long yesterday.

 

Chart in Focus

AEP  –  Short-Term Long

Target: 63.87

Entry Point(s): 62.25

Comments:  Dived right into bottom of down channel and should have a relief rally toward 200DMA, which also coincides with top of down channel

 20161006-AEP.png

 


 

MET  – Short-Term Short

Target: 46

Entry Point(s): 47.15

Comments: Gapped right into top of bullish channel and should pullback ST to work off overbought conditions.

20161006-MET.png

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