Maybe for now, but this is not THE BOTTOM. We remain at 38 percent long stocks and 7 percent short bonds as this possible bounce unfolds. The first formidable upside resistance is about 15 to 16 percent above recent lows….Continue Reading →
We are in some ways reluctant to mention that our Tracking Portfolio at Marketocracy made a new all time high today, up 33 percent for the year and 41 percent for the last 12 months. This is with average leverage…Continue Reading →
We have cut total net long positions from a leverage ratio of 1.25 to .18 today. Most of our sales were made on the opening. The stock market still should go somewhat higher in the near term and we are…Continue Reading →
Here are the results for our tracking portfolio of all investments and trades in the four funds that make up our Marketocracy Portfolio. 8/30/2008                                                   A Comparison of               Eureka Marketocracy Tracking Portfolio and the S&P 500                                                 (Percent…Continue Reading →
Here is an update on our Tracking Portfolio at Marketocracy Funds. July 31, 2008 A Comparison of Eureka Marketocracy Tracking Portfolio and the S&P 500 (Percent Change) Eureka S&P 500 Diff Year to Date 23.3 (13.7)       37.0 Last Month…Continue Reading →
The broad S&P trading range of 1200 to 1320 remains in place. The topside of the inside 1230 to 1290 range was tested earlier this week, leaving the 1230 area as the next test and an area where traders can…Continue Reading →
We stand behind our end game comments of yesterday on oil and gold. Forty years of trading commodities lead me to suspect that this rally yesterday and today is a staged event to scare new buyers into the market to take…Continue Reading →
A pre-holiday session. For the S&P we see an early rally because there have been no surprises so far this morning, the 1260 to 1290 area is kind of a no-mans zone, a close outside of this area would be…Continue Reading →
As our comments early yesterday morning illustrate, we are not immune to the emotion of the moment. The latest oil market spurt above 140 has had its effect on our timing, but we are stubborn and continue to believe that the…Continue Reading →
The following numbers are as of the end of the second quarter 6/30/08.                          A Comparison of     Eureka Marketocracy Portfolio and the S&P 500                          (Percent Change)                                    Eureka                 S&P 500 Last week                  (0.017)                     (0.029) Last Month             …Continue Reading →