Just got another health care name KITE as well.  
Update: Didn't hold until close.  Rough day for signals it seems.

Tech Trader up .5% today with the market flat.  Longs are up about .3%, while shorts, which only are 30% exposure to the 75% long, are up.9%.


Biggest contributer today is shorting CRUS, which is adding 5.4% P&L.  It's impressive that Tech Trader held it short for as long as it did given it's huge run up over the last few weeks.


New positions potentially being added today are long EL and short GRMN, both which look pretty good chart-wise.  EL is forming an ascending triangle breakout while GRMN is just continuing a gradual melt downwards.

Tech Trader closing out the week flat and month up 3% when S&P has been whipsawing to be up 2%.  For the year, the automated strategies in Tech Trader are up 20% and S&P up only a couple percent with much more volatility.  Bottom 30Min etf positions are closed out now.  Exposures are still very neutral at 72% long vs 29% short.  Sector exposures also crushed way down on the lower chart.  Need to get Tech Trader automatically posting its own updates unless I want to become its coffee boy lol



SPY, for comparison (much more volatile and up only a few percent for the year):

Tech Trader again up while the market is down.  Current portfolio is up .2% despite remaining intraday bottom signal positions in QQQ and SPY being down.  Market is down over half a percent (SPY .5% and IWM .7%).  Much of Tech Trader's performance today is again owed to being short names like ARRY, FCAU and HLT.

All three intraday bottom signals from the last couple days are working now.  All the more fun when the automation is actually trading calls and not just equity like the model portfolio is showing.


Individual names are doing ok today.  Took a big hit from shorting CRUS (down 17%) but other names like GRPO (+4%), HLT (+2%), etc are doing well enough to neutralize it.  Overall Tech Trader just killing it year-to-date, which really highlights how unique and "human" Tech Trader's trading style is given that a recent article just made the point that humans are beating most other computer-driven funds this year.


Also interesting to note that consumer is starting to take a lead from Healthcare for dominant driver of performance.  Again, none of this is coded.  Tech Trader just looks at individual names like a trader, but the macro themes arise on their own.

Getting an intraday bottom on SPY, so I'm expecting a bounce over the next day or so.

lol we actually have SPY down and IWM up right now.  Even if Tech Trader shorted SPY yesterday in addition to its long IWM, both would have worked out.

30-min bottom signal just picked up on IWM at $124.81.

Those ELNK July 8x calls from a couple weeks back are now ITM on day of expiration.  Such an insane trade.

Tech Trader again outperforming the market (SPY at .6%, TT at .7%) despite exposures being way down (long 60% and short 30%).  Biggest winner today is not even a long name but a short (GRMN down 8%).

RCPT breaking above $200.  Tech Trader making good calls here to stay long.

Tech Trader closed its last intraday bottom trades on the bounce today.  Looks like its back to chasing Healthcare names.  That sector is the primary source of P&L for Tech Trader today.  It's looking to add more names like STJ at the close.

Tech Trader up another percent today, a ton from the intraday bottom signals it picked up yesterday.

Tech Trader up 0.7% overall while SPY is pretty much flat.  Outperforming on both up and down days.  AAPL getting crushed in the tech sector, but Tech Trader's tech names are doing best today.



Also just rotated out of its XOP long position (3.8% gain) for more intraday bottom signals in FXI and XLB.  Still holding SMH on intraday bottom from a couple days ago.  Again, no daily or longer term positions yet from Tech Trader.  We're also not getting the usual orange bottom signals which are more potent and time sensitive; the red ones are less exact and more "wait-and-see" so it's another sign that Tech Trader is very cautious here.


https://stocks.techtrader.ai/?pair=FXI


https://stocks.techtrader.ai/?pair=XLB