oluisrel @oluisrel: "///This Week The $SPY is going..."

United Kingdom

///This Week The $SPY is going through it's third correction of 2024 and all of a sudden, the comparisons to the price action of 2007 are beginning to look credible. I'm addition to that, the yield curve uninversion might just have confirmed the recession is here //Trading System (TOKODE.com) If a system wants to reduce drawdowns and increase CAGR, more rather than fewer strategies are required but the key is that they are uncorrelated. That's what I've done. Might take months to see the results. /Momentum This is one of the strategies going through a severe drawdown. It's a monthly strategy so no action until the end of the month. With the exception of $NVDA (NVIDIA Corporation) which is still up by a lot, $ISRG (Intuitive Surgical Inc) is the only position positive. /Breakout This strategy is also in a drawdown but compared to the others, it's not doing too badly. /Breakdown $SDOW is the only position in this strategy but compared to breakout, it's down almost half it's MaxDD. /Volatility This strategy has suffered the most but it usually recovers fastest. If the recession results in a bear market, I expect it to be the best performer just like in 2022. /Reversion There is a buy signal for $TQQQ on this strategy. Since it's a reversion to the mean strategy, a long, drawn-out pull back is not what it wants to see. Quick, sharp, short term pull backs work best. /Hedge This strategy is only active in bear markets.

5 Mentioned

SPY

SPDR S&P 500 ETF

NVDA

NVIDIA Corporation

ISRG

Intuitive Surgical Inc

SDOW

ProShares UltraPro Short Dow30

TQQQ

ProShares UltraPro QQQ