401K Monthly Analysis - Higher 8716

The market continues to ignore any disappointing news and head on higher. Brexit gave us a reason to pause but we are over that it seems. SPY is pointed up. So is QQQ and the Diamonds (DIA) Dow Jones 30. See charts below on SPY and QQQ. The market is not concerned with the US elections. I suspect that is because the outcome is likely less uncertain based on recent polling.

My previous employer’s monthly analysis shows that the top funds to be in are Royce Opportunities, Fidelity Blue Chip Fund, Spartan 500 and Fidelity Income fund. Royce is a very volatile fund and has a short term redemption fee charged if you get it and get out in a month. It is fund that you have to commit leaving money into.

I am ready to start my next experiment in trading. I have been trialing my automated trading program (Bandit) with real-time data and simulation money on a VPS and the performance over a year has been very positive. It is now time to turn on the real thing. I will not be looking over my shoulder at it… it will be running on its own with a stop loss and take profit levels for about 2 ½ hours each day in the morning trading Nasdaq futures… Let us see how well real-time performance does vs forward simulation.