Almanac Trader: Beginning of August Delivers

On close of July 30th, we took a bearish position based upon our ‘Almanac Trader’ strategy for the beginning of August. August 5th close triggered the exit signal for three of those trades.

  • Exit DXD, ProShares Ultra Short Dow 30, at or near 26.67 for a gain of 5.4%
  • Exit SDS, ProShares Ultra Short S&P 500, at of near 26.35 for 5.2% return
  • Exit QID, ProShares Ultra Short QQQ, at or near 48.89 for 4.8% gain

We still have TWM, ProShares Ultra Short Russell 2000, trade open. We will exit that at close on August 6th.


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