TMAD Commodities: Iran Nuclear Threat Increases
$GLD $USO $SLV $URA
Hello Traders,
The market touched the 10DMA and bounced immediately. Looks like a strong day so far but let’s see how we close. If we break below the 10DMA again, we’ll probably revisit the 20DMA (green line), roughly 2% off the highs. Nothing tragic.
Pullbacks are part of the game. You can never predict exactly when or how deep they’ll be, but you can protect yourself with hedges (which we did) and solid stops so losses never get out of control.
This is exactly why our Score Strategy crushes manual trading.
While in manual trades you get stopped out on bunch of names during weakness like this and the very next day the market often rips higher, the score strategy has a basket stop loss and movement on individual names in not that important.
Sure, there are occasional rough weeks where the strategy can be down 10%, but those are rare. Most of the time the names recover fast because the market is built to go up over time.
The best part?
Our Score Strategy is 100% accessible to all our paid members through the TMAD app at no extra cost, no complicated setup.
Getting constantly stopped out manually is frustrating for a lot of traders. That’s why you have to pick the strategy that actually fits your personality and lifestyle.
TOP 10 Picks Strategy
We bought all these names at the open. Our 3rd portfolio going. We have May 22, May 26 and June 3 opened. (Remember the date is date of close which is allocated next business day, in this case May 26, May 27 and June 4). Remember, we can open this any day of the week. Our rules are to hold for 14 days (10 business days).
Our Public model portfolio we opened on morning May 26 (from May 22 close) we started with 10,484.90 and allocated to 10 names where we are up around 4.27% in comparison to SPY only being up 0.53% (see screenshot below).
Our portfolio from May 26, allocated on open May 27 is up 3.72% thus far in oppose to SPY 0.43%
This is our performance since March 31. See our basket performance in comparison to SPY. Average we are up 4.04% on 2 weeks portfolio holding. Some red weeks there.
Let us know if you have any questions on this topic and now let’s get to our weekly commodities report and positioning on Gold, Silver, Uranium and Oil.
