Finally! (GLD)

July-Aug Rotations: Core Mkt = GLD, Featured Mkt = TBT.

Signals: GLD = Buy 8/4 (TSP= N/A), TBT= Flat 7/19 (TSP= 31.71).

Model notes: Finally a move, the GLD model issued a buy, it is off the lows of late July but that doesn’t mean it can’t be a profitable trade. The model has been stand offish until now. I am relieved for some action. The interest rate model? One good (profitable) trade and some back-and-forth after that We seem ok here.

Note: The TSP (theoretical Signal Price) metric is calculated by using the ‘close’ price of the trading day FOLLOWING the signal day (giving you plenty of time to take the signal).

Note: The following comments are based on using technical analysis to ‘flesh out’ our nonlinear trading signals.

Nonlinear Trading Themes:

  • CTM160804gGold Trading Signals (Core). Gold model issues a buy today (TSP for tomorrow). The obvious inference is the 131 (GLD basis) is not going to contain the prices further. Gold portfolio to go long at tomorrow’s close.
  • CTM160804bInterest Rates (Featured). The model is flat as of July 19 (exit executed on the following close). Since then it is mainly back-and-forth motion. Flat is the word.


Premium Research notes:

Observation: Don’t sit around your Monday morning meetings giving each other high-fives with a two-star fund or strategy on the books. Contact me for more info. Click the ‘Ranking’ tab to find out additional info. By the way, in 2016, I am only going to take on 6 clients. CTM can help and our rates are reasonable!

We are now offering asset class ranking (or alternatively sector ranking), using our trading signal technology on a longer timeframe. This is an exciting new product as portfolio construction has one glaring, missing puzzle piece: what asset classes will continue to outperform/advance for next month? Get your independent research here, put my 25+ years of model building experience to work for you!

Take a minute to peruse the US Equities tab. I posted the S&P 500 trading signals postmortem for the recent March-April time period (approx. as it took about a week to generate a signal at the beginning). Plus 134 Points. Great stuff!

Take a minute to check out the Forex tab on our website. I am posting the recent US Dollar May-June signals. No whipsaws and playing the surprise Brexit vote just right. Great stuff!

GH Garrett – Chief Market Analyst for  © 2015-2016, “Nonlinear trading signals that matter in gold (and interest rate) trading.”

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