VERY interesting. Thanks Varmercur!

Interesting free site I stumbled upon:  seasonalcharts.com
Turns out that election years differ a little from non-election years. In election years (contrary to the sell-in-May scenario) there's a significant dip during the first half of December.

Hey - call me a namby-pamby if you like, but why is everybody suddenly blaming the deer? WE took away their land. The existance of deer is no reason for no gun control. Sorry this is WAY off topic and I wasn't going to post anything, but readers should know that there are other opinions out there.Accidents happen. Matt thank goodness you're ok!

Speaking with my mother's bank manager yesterday about what to do with her expiring GIC's. He suggested something called "Equity Powered GIC".

The bank chooses a basket of 10 stocks which you pay for. Your principle is guaranteed so you can't lose, but your gain is limited to 7% over 2 years and the bank keeps the rest.
In other words, I said, the banks are now buying stocks!! He said this was instigated in 2012 or 2013. BMO was the first to do it.

Hi Matt, No details necessary of course, but could you please let us know which particular subsystem went long?

Thanks,

Looks like yet another roller coaster morning of this All-Over-The-Map market! LOL!

But the SPY pro system still has one of the the subsystems 100% long. And the BPT ma deluxe is still long. So I'm inclined to think market a little more likely to resolve to the upside. But hey - anything can happen. Obviously I'm not a short term day-trader.

Please don't dumb it down for us! It would probably be less work for you and I think you're overworked already. If you just let us know which subsystem triggers when, and we can take it from there. And don't  be discouraged by a few whiners. I'm sure there are lots of shy silent members who also appreciate what BreakPoint Trades is and does!

Ohhh. Thanks. I should have searched first!

What does RVM stand for?

I see it bounced up from an oversold condition below all those moving averages.

But what's the acronym?

Wow! I'm so naive! I didn't know banks traded things like metals, oil and coal in the first place. I thought banks were banks.

Fed days article

So interesting! Thanks Matt. And both subsystems can still end up being profitable because they'll have different exit times. I love this stuff.

Hi FRTaylor - been thinking about your question. The first obvious answer is no, because vix is a reflection of what the market is doing so vix can't lead the market.
BUT, sometimes a pattern might be recognized on the vix chart before it's recognized on the spx chart - like head and shoulders or overbought or I dunno, whatever.
So, you might have a point.

So even though another subsystem (QE long) has given a signal, the system as a whole is already 100% long so the system doesn't add another long entry. Is that correct? That's what you mean by "the same trade"?

If so, what do we do in the future if one subsystem is short and another is long? I mean, of course you'll say we can do whatever we want  :-) ... but what does the system as a whole do?

I seeee. Thank you for the clarification.

Wow - looking at the RSI_40's history of trades from last night's newsletter, this is the first time ever that the RSI_40 took a 2nd entry.

LOL Matt, we can be both emotional and disciplined at the same time. Anyhow, I'm a girl - it's my birthright to be emotional whenever I want.

Thanks Matt you DID voice your concerns about market direction. AND you did voice your concerns about the large drawdowns with this particular sub-system. Not a great first trade for me so far with SPY Pro, but I'll not get too emotional and stick with it.

OK, Thanks Matt. :-)