JTS Buy If...

JT System is producing a buy signal if SPY Closes 138.42 or higher. CCI will remain on a short signal regardless. JT Comp will go to cash if this is the case. The JTS will hold the short if SPY 138.41 or lower and then the Comp would remain 100% short.

Thanks!

Strong short signal...

The JTS is producing a strong short signal. CCI is producing a 2nd short signal. This puts the JT Composite system all-in short. I won't be that aggressive, but I'll take about a ~50% position in TZA leaving some powder dry just in case we see further gains heading into the 8/1 Jackson Hole meeting. See ya next week. Have a good one!

JT Comp back to cash...

JTS is holding the long position, but the CCI is going short today (premature again?)... This sends the Composite System back to all cash. I am back to cash already as my XIV position hit my sell limit order a few mins ago. A 10% gain within a few days is my magic number...an automatic sell. Just wish I would've had more than a 1/3 position...but I'll take it. In @ 11.15, out @ 12.26. Good stuff!

See ya tomorrow.

Holding longs.

The JTS is flirting with a sell signal, but it's not going to make it. So, we are looking at all 3 systems remaining long. Take care.

All systems remain long...

JTS, CCI, and JT Comp remain 100% long. I took a 1/3rd position in XIV this afternoon and will add to it tomorrow should we see more weakness. I'm expecting a rally to finish out this month, likely lasting into early August. Thanks!

Composite going 100% long.

After about a month of less than stellar performance, the CCI system finally proved its worth by holding onto the short position over the weekend. What pleases me even more is the fact I chose to hold onto a few shares of TZA believing that the CCI system was due for a win! I cashed out on the open and have been sitting in cash all day.

I'm thinking we'll see more downside over the next few days. However, now both my systems are generating long signals (the CCI is flipping to a "buy" today) and this will put the JT Composite system all-in long. No way do I have the guts to go 100% long today, but I may buy a few shares of TNA on the close. I still think there will be better prices tomorrow or Wednesday. Then again, what do I know...

The JTS, with its premature buy signal Friday, is still hanging above its half-stop loss of SPY 132.60, which is simply the swing low of 7/12/12. I would like to see us get closer to that value before I start loading up heavily on longs. Don't ask what happens to the Composite if JTS gets half stopped, because the answer is I don't know. When I created the JT Composite system and ran the stats, I completely ignored JTS stops. The thinking was that the CCI "checks and balances" the JTS, thus lessening the need for stops. So, in theory the JT Comp would stay 100% long in the event the JTS gets half stopped. I'll clarify this futher if/when we breach the 7/12 low.

Sorry for the length... Thanks for reading!

Composite back to cash...

JTS is going long here, while the CCI system is remaining short. This sends the JT Comp back to an all cash position. Nice day today. We'll see which system is right next week. See ya then!