TOT daily traders went a maximally bullish 500% long on today’s opening. The SPX is currently up about 11 points. The “change stop” suggestion on the overnight message is confusing at best, incorrect at worst. At this time, TOT daily traders are advised to raise the stop to SPX 2110.40. If not stopped out, carry the position overnight and into tomorrow, where we will start the day using the same SPX 2110.40 stop.
Thanks for the opportunity to be of service, and I’ll email you again in about ten hours.
Turov on Timing is Copyright © 2015 by Turov Investment Group Inc. All rights reserved. Turov on Timing is for personal use only. All caveats and advisories that appear in the monthly Turov on Timing apply equally to this email. Re-publication and distribution is strictly prohibited. No part may be reproduced without the permission of the Turov Investment Group Inc. All recommendations are based on the Standard & Poor’s cash index (SPX) which cannot be directly traded and Turov Investment Group Inc. makes no recommendation or suggestion to readers as to how SPX-based recommendations should be traded but rather leaves that to the discretion of each individual reader. The “official” price of the opening and closing SPX is as reported at www.bigcharts.com and may not be consistent with futures or ETF prices. All stop recommendations are based on that “official” price. Any recommendation that is to take place at a specific time is basis the “opening” on a one minute bar chart beginning at that time and ending one minute later. All times mentioned are Eastern. Questions related to this service should be directed to InvestmentAdvice@aol.com.