Alpha.Dow30 – American Express tops performance

We talked about Amex as early as 9 Sep. Amex has ended the year with top gains and was recently featured in the Economist. Now that the stock performance is conspicuous, it’s likely that Amex outperformance has topped. This is what the Numeric Rankings suggest. Amex is the top ranked performer and hence should underperform in the coming weeks ahead. The latest Alpha.Dow30 carries numeric ranking and performance cycles for the Dow components.
The following stocks should continue to outperform in the coming weeks viz. Exxon, Wal-Mart, Intel, Cisco, Travelers, Bank of America, Home Depot, Boeing, AT&T, Kraft. The potential underperformers for the weeks ahead are Microsoft, Pfizer, DuPont, JPM, Chevron, United Tech, Caterpillar, Merck, Macdonald’s, GE, Disney, American Express.
The report also illustrates the performance on four pairs viz.  Coca Cola – Macdonald’s; Kraft – Coca Cola; AT&T – Verizon and Pfizer – J&J. Long Kraft – Short Coca Cola generated 10% over 49 days. The pairs we expect to deliver in the coming weeks are Long Boeing – Short United Tech; Long HP – Short Microsoft; Long JPM – Short Amex; Long Exxon – Short Chevron; Long Intel – Short Microsoft.





ALPHA is a pair trading, long only – short only strategy and numeric ranking product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.
Assets Covered : Alcoa, Disney, Kraft, P&G, American Express, GE, Coca Cola, AT&T, Boeing, Home Depot, Macdonald’s, MMM, HP, Bank of America, Travelers, United Tech, Caterpillar, IBM, Merck, Verizon, Cisco, Intel, Microsoft, Chevron, J&J, Pfizer, Exxon, Dupont, JPM, Walmart
*This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.
STOP LOSS AND EXITS are activated at 2%
‘Performance cycles’ is a term coined by Orpheus Capitals. This is another name for time triads, time arbitrage, time fractals but expressed in terms of relative performance. It’s a bounded oscillator that moves in a range say from 1 to 30. 1 is top relative performance and 30 is worst performance. The idea is that performance is cyclical. A top performer will underperform in future and vice versa. A top relative performer is also the worst value pick and the top relative underperformer is the best value pick.
Please feel free to mail us for any clarifications. *This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.
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