Apparently, the bond market was not a fan of the CPI numbers that came out today. We saw big sell-offs across the curve, basically undoing all the gains of the past week or so. Other than that, it was something of a ho-hum day. Equities finally finished up in what seems like the first time in forever, copper had a bit of a dead cat bounce, and lumber finished lower again.
The weakness in Energy finally shook us out of our Heating Oil trade. We sold 1 contract at the close to cover our position. That will be reflected in tomorrow's reports.
Our TNR model called for a reversion day in ES, and again the price action favored our trade. We had a total of 5 trades, and made money on 4 of them. Net total gains for the day were $557. Tomorrow we are looking for a Trending day in both ES and NQ.
Our open positions:
Contract | ctrcts | Open P/L | days on | Contract | ctrcts | Open P/L | days on | |
@US.P | 0 | $0 | 0 | @NG.P | 0 | $0 | 0 | |
@TY.P | -2 | -$513 | 35 | @KC.P | -1 | $963 | 11 | |
@FV.P | -4 | $6,488 | 92 | @SB.P | 0 | $0 | 0 | |
@EC.P | 0 | $0 | 0 | @CT.P | -3 | $3,100 | 44 | |
@JY.P | 0 | $0 | 0 | @GC.P | 0 | $0 | 0 | |
@CD.P | 3 | $4,480 | 39 | @SI.P | 0 | $0 | 0 | |
@C.P | 0 | $0 | 0 | @HG.P | 2 | $52,800 | 259 | |
@W.P | 0 | $0 | 0 | @LB.P | -1 | $1,417 | 17 | |
@S.P | 0 | $0 | 0 | @ES | 0 | $0 | 0 | |
@CL.P | 0 | $0 | 0 | @YM | 0 | $0 | 0 | |
@HO.P | 1 | -$1,775 | 45 | @NQ | 0 | $0 | 0 | |
Total Open Trades | $66,960 | |||||||
Total Closed Trades | $5,790 | |||||||
Total | $72,750 |
Good luck, and have a great evening!
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