Alpha Capture

Some Levels I’m Watching

Jon Boorman — Fri, 24 May 2013 14:31:35 +0000

There’s a lot of noise out there at the moment, it’s inevitable I’m afraid as volatility picks up, the signal to noise ratio drops off sharply. This blog is only 4 months old but as anyone who’s been following knows, we’ve been on this uptrend the whole way. Our futures portfolio has got on and …

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Exiting Long Nike ($NKE)

Jon Boorman — Thu, 23 May 2013 20:27:06 +0000

We got an exit signal in $NKE tonight which we’ll execute at Friday’s open. This is another one where longer-term it still looks good, so we’ll keep an eye on it should it set up for us again, but on an intermediate-term basis it’s invalidated the risk-reward we had on our entry, having broken below …

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Calm Down Everyone

Jon Boorman — Thu, 23 May 2013 14:39:05 +0000

If you happen to have shorted at the top yesterday, congratulations. You’ve managed to do what hundreds of misguided fools have been trying to do all year. I hope you made a ton of money because your odds of correctly doing that were slimmer than the Powerball winner, and he made nearly $600m. How did …

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The Market Also Goes Down

Jon Boorman — Thu, 23 May 2013 00:36:11 +0000

For all the drama that unfolded today it was a good one overall for our futures positions. We remain LONG S&P, Nasdaq, Dollar, and SHORT 30yr, 10yr, Yen, Sterling, Gold. Of all those, it was only the move in stocks today that could be considered countertrend. Put in that context, today’s other moves in bonds, …

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Exiting Long Ameren ($AEE), Sempra Energy ($SRE), Corrections Corp ($CXW)

Jon Boorman — Wed, 22 May 2013 21:20:45 +0000

Today’s reversal and sell-off triggered exit signals in 3 of our longs:- Our two remaining utilities, Ameren ($AEE), and Sempra ($SRE), as well as Corrections Corp ($CXW). We’ll exit all three at Thursday’s open. All three are seen as high-yielding defensive names, so it seems ironic they are our first victims of market weakness. In …

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