Courtesy of Allan
SPX Trading Model
I started Trend Following Trading Models in early January. The chat below chronicles all of the real time signals of the SPX Daily Model since inception. I consider this model the defining model of the dominant trend in the markets.
GOLD
Let’s not keep banging our heads against the wall when there is a clear Wave 3 advance taking place in the precious metals. I sent out a Gold & Silver Basket to my subscribers earlier this weekend and expect to add more gold and silver stocks going forward. What follows are three views of the the gold market and a table comparing returns on those charts to returns from a basket of mining stocks during the psat 18 months. This looks like the real deal to me.
Here is exactly why I prefer individual gold stocks to indexes and/or leveraged indexes. The individual Gold & Silver stocks come from the current list and/or stocks I have written up on my blog during the time period. Note that the SPX for the same period is up +44%.
Dates: 1/1/2009 through 6/19/2010
Gold & Silver Indexes
GLD 83.92—>122.83 = 46%
SLV 11.09—> 18.75 = 69%
GDX 31.31—> 54.06 = 72%
Average = +62%
Select Gold & Silver Stocks
ANV 3.92—> 21.83 = 457%
GSS 1.27—> 4.41 = 247%
TRE 3.50—> 4.90 = 36%
KMKCF 0.30—>1.96 = 553%
SWC 4.84—> 13.53 = 180%
TGB 0.98—> 5.04 = 415%
SVM 2.08—> 7.50 = 260%
Average = +307%
Allan’s “Trend Following Trading Model” is based on his trend-following trading system for buying and selling stocks and ETFs. Most trades last for weeks to months. Allan’s offering PSW readers a special 25% discount. Click here. For more details, read this introductory article.