High Beta System Buy --> behaving well so far
See above the buy and sell signals on the high beta Nasdaq system https://www.portfolio123.com/app/r2g/summary?id=1757039.
So far it looks well (almost flat market day yesterday, system showed relative strength!), stop loss would be a violation of the lows.
For investors: I still think this is a good spot to hold the system (long)!
Shorter term I expect backfills to those levels (QQQ chart below).
But I think the lows will hold. So, for investors with a good stomach: hold on to the north stars:
Liquidity (which is up, tailwinds well into 2025)
Quality higher beta stocks with great recent earnings (in the top 10% of all Nasdaq 100 Stocks within the last 13 weeks)
Recent relative strength of the capital curve of the system.
All the best and best regards
Andreas
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