Tuesday, October 29, 2013

VEGA Update with 5 ETFs..10.29.13

Following yesterday's posting on the simple 5 ETF weekly model this is a look on how its working on a daily basis.  The momentum algorithm has been speeded up considerably to compensate for the higher beta of SSO and the resultant volatility boost means we need to be tuned in to impended momentum changes since the one issue that we trade...SSO...is an ultra bull. meaning for every dollar SPY loses SSO loses 2.  That's the bad news.  When the rankings are ideally aligned, as they are right now, the model churns out great returns.

In the next 10 days we'll offer a suite of 3 boutique ETF models featuring 2 different momentum algorithms and an array of new money management stops.  Check the Mosaic home site after Nov 1 for details.