Stock Market Overbought – BAL Bucks Trend

Exec – Spec

2016 KDELTA Stocks  portfolio update                  08-04-16

We took profits in AMTD and CAT this week as we continue shifting to our core commodity focus using stock ETF’s and keeping exposure light during this short term overbought window.  Our cotton position, BAL is holding 12 to 15% gains with potential for one last breakout higher. Cotton has entered a medium term setup zone for a Sell.

Stock Indices: Extreme Call option buying representing excessive optimism has been indicating lower stock prices for the past week.  A test of SP 500 Index breakout support in the 2100 to 2130’s would be a normal pullback expectation for August. option sentiment 8-16

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Each position= 5% portfolio unless specified:  TBD=To Be Determined

Pending trade order (Buy Stops entries unless specified)

Stock:     Buy Stop:                    Exit price                        P/L Stop post entry

Buy SNA 158.00                         TBD                                        151.70

Buy SNA 150.90 Limit order    TBD                                         148.00

Buy WEAT  7.85                         TBD                                         7.69

Open positions

Entry                                             Profit  Exit                       Trailing Exit Stop

06-06-16 Buy BAL 43.35            51.75                                   47.99

07-11-16 Buy BAL 44.26            TBD                                      48.10

08-02-16 Buy FXB 129.67         TBD                                      127.80

 

Total KDelta portfolio 15% invested

Long Term Investors 90% invested SPY

 

Closed Positions 2016:

.                                                                                                        P/(L) % to

.                                                                                       %              Portfolio at

Entry                                               Exit                     Profit/loss   5%/trade

07-11-16 Buy AMTD 28.00        08-02-16  29.89     6.75%        0.3375

07-26-16 Buy CAT 81.20            08-01-16   82.10    1.1%          0.055

August results: +0.3925%   YTD = +2.22%  

07-21-16 Buy CAT 81.01            07-22-16  79.00   (2.48)           (0.124)

07-11-16 Buy WEAT 8.16           07-20-16  7.82     (4.17)           (0.21)

06-29-16 Buy JO 21.89               07-18-16  21.89    0                   0

06-06-16 Buy UNG 7.39             07-07-16  8.36      13.1              0.656

06-01-16 Buy UNG 7.07             07-07-16  8.36      18.2             0.912

July results: + 1.234%   YTD = +1.83%

Disclaimer and Notice:  This report may contain information on investments that are high risk and have substantial risk of principal loss.  It is for informational purposes only. Statements in this communication are not statements of fact are merely opinions or forward looking statements from a potentially biased source(s) that involve known and unknown risks, uncertainties and other factors that could cause actual future results to differ materially from any prior or projected results. Statements in this communication may be inaccurate and/or unsuitable for you.  You must perform your own due diligence.  Your investment decisions should always be made based on your specific financial needs, suitability, objectives, goals, time horizon and risk tolerance.  Any decision is at your sole discretion and at your sole risk.  You are advised to consult with your individual investment and tax professionals before making any investment.  Past performance is no guarantee of future results.

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