This is Turov on Timing for Thursday, April 19, 2012.

The SPX declined 5.64 points yesterday to close at 1385.14.  TOT daily traders were on the sidelines for the session.  We are currently flat.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 13238.83 cumulative SPX points, compared to a gain of 926.21 points in the index itself over the same period.  That’s a ratio of 14.29 to one.

The super long term perspective for the stock market remains bearish (as it has been since January 2000 after having been bullish from December 1974 until then).  When the current cyclical bull market ends (and at present, my best educated guess is that it will end in late 2012 or early 2013), expect another nasty crash to perhaps finally bring an end to the long term bear market that began in 2000. 

The Intermediate Term Model remains bearish.

The cognoscenti believe that the big Spanish bond auction will be important today.  Not being able to spell “cognoscenti” without “Spell Check,” I’m not sure.  But IF the market has a big sell-off on the news and IF I see positive divergence on my intraday model, I will want to go long.  Stay on the sidelines for now, and stay tuned for an update (if applicable).

Turov Investment Group Inc. managed account activity for April 18, 2012
Program:
Position entering the day
Position change at 10:45 a.m.
Position change at 4:00 p.m. (i.e. overnight)
Program A
100% cash
None
None; staying 100% cash
Program B, C, R
100% cash
None
None; staying 100% cash
Program D
100% cash
None
None; staying 100% cash
Program VA
100% cash
None permitted
None; staying 100% cash
Notes:  The custodian for Programs A, B, C, D and Rydex (R) is Rydex Funds
The custodian for Program VA (Variable Annuity) is Nationwide Insurance
Turov Investment Group Inc. never takes possession of client funds.
IMPORTANT: Occasionally, errors will occur in the above; it is not an “official” report!

Thanks for the opportunity to be of service, and I will update again in 24 hours – or sooner if needed.

Turov on Timing is Copyright © 2012 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.

This is Turov on Timing for Wednesday, April 18, 2012.

Buoyed by a huge rally in Apple (up 29 points), Priceline (up 12 points), and Intuitive Surgical (up 37 points), supposedly in response to the favorable Spanish bond auction, the SPX advanced 21.21 points yesterday to close at 1390.78.  TOT daily traders took a small (½% point) loss on 2 units.  That was a give-back of about 23% of last week’s gain.  We are currently flat.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 13238.83 cumulative SPX points, compared to a gain of 931.85 points in the index itself over the same period.  That’s a ratio of 14.21 to one.

The super long term perspective for the stock market remains bearish (as it has been since January 2000 after having been bullish from December 1974 until then).  When the current cyclical bull market ends (and at present, my best educated guess is that it will end in late 2012 or early 2013), expect another nasty crash to perhaps finally bring an end to the long term bear market that began in 2000. 

The Intermediate Term Model remains bearish, but not by much.

The directional component of the daily model is bullish today, but the risk component is in the stratosphere, thereby defaulting the overall model to neutral.  We will stand aside – observing carefully.

Turov Investment Group Inc. managed account activity for April 17, 2012
Program:
Position entering the day
Position change at 10:45 a.m.
Position change at 4:00 p.m. (i.e. overnight)
Program A
100% cash
None
None; staying 100% cash
Program B, C, R
100% inverse NASDAQ 2x
100% cash
None; staying 100% cash
Program D
100% inverse NASDAQ 2x
100% cash
None; staying 100% cash
Program VA
100% inverse NASDAQ 2x
None permitted
100% cash
Notes:  The custodian for Programs A, B, C, D and Rydex (R) is Rydex Funds
The custodian for Program VA (Variable Annuity) is Nationwide Insurance
Turov Investment Group Inc. never takes possession of client funds.
IMPORTANT: Occasionally, errors will occur in the above; it is not an “official” report!

Thanks for the opportunity to be of service, and I will update again in 24 hours.

Turov on Timing is Copyright © 2012 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.

This is Turov on Timing for Tuesday, April 17, 2012.

The SPX declined 0.69 point yesterday to close at 1369.57.  After booking a fat profit on Friday, TOT daily traders were on the sidelines for the session and missed nothing except a lot of early-on volatility.  We are currently flat.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 13252.59 cumulative SPX points, compared to a gain of 910.64 points in the index itself over the same period.  That’s a ratio of 14.55 to one.

The super long term perspective for the stock market remains bearish (as it has been since January 2000 after having been bullish from December 1974 until then).  When the current cyclical bull market ends (and at present, my best educated guess is that it will end in late 2012 or early 2013), expect another nasty crash to perhaps finally bring an end to the long term bear market that began in 2000. 

The Intermediate Term Model remains bearish.

Yesterday’s activity was highlighted by institutional investors reallocating money from big name NASDAQ stocks like Apple and Google and investing in more mundane securities within the Dow Industrials.  Most likely, this is a function of funds that must be fully invested becoming less aggressive with their assets.  This type of defensive action is not uncommon near the end of significant rallies. 

The daily model is modestly bearish today, but my NASDAQ model looks positively nasty.  TOT daily traders are “officially” advised to go 200% short at SPX 1369 stop or SPX 1376 limit, whichever comes first.  “Unofficially,” I’d rather be short the NASDAQ than the SPX in the early going, but I don’t expect the anticipated NASDAQ weakness to last more than an hour or so.  So if you do short the NASDAQ, don’t overstay your welcome.  Returning to the SPX recommendation: Once short, use a fairly tight 0.5% protective buy stop on the position.  I’ll update again sometime during the trading session, as appropriate.

Turov Investment Group Inc. managed account activity for April 16, 2012
Program:
Position entering the day
Position change at 10:45 a.m.
Position change at 4:00 p.m. (i.e. overnight)
Program A
100% SPX 2x
100% cash
None; staying 100% cash
Program B, C, R
100% SPX 2x
100% cash
100% inverse NASDAQ 2x
Program D
100% cash
None
100% inverse NASDAQ 2x
Program VA
100% cash
None permitted
100% inverse NASDAQ 2x
Notes:  The custodian for Programs A, B, C, D and Rydex (R) is Rydex Funds
The custodian for Program VA (Variable Annuity) is Nationwide Insurance
Turov Investment Group Inc. never takes possession of client funds.
IMPORTANT: Occasionally, errors will occur in the above; it is not an “official” report!

Thanks for the opportunity to be of service, and I will update again in 24 hours.

Turov on Timing is Copyright © 2012 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.

This is Turov on Timing for Monday, April 16, 2012.

A very good day for the home team as the SPX declined 17.31 points Friday to close at 1370.26.  TOT daily traders went 300% short on Thursday’s close at SPX 1387.57 and another 200% short shortly after Friday’s opening.  We then took profits at SPX 1378.  We are currently flat.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 13252.59 cumulative SPX points, compared to a gain of 911.33 points in the index itself over the same period.  That’s a ratio of 14.54 to one.

The super long term perspective for the stock market remains bearish (as it has been since January 2000 after having been bullish from December 1974 until then).  When the current cyclical bull market ends (and at present, my best educated guess is that it will end in late 2012 or early 2013), expect another nasty crash to perhaps finally bring an end to the long term bear market that began in 2000. 

The Intermediate Term Model remains bearish.

The daily model is modestly bullish today.  If the Intermediate Term Model weren’t bearish, I’d want to take a small long position.  But the Intermediate Term Model is bearish, and that’s enough to make me want to stay on the sidelines, considering how mildly bullish the model is.  So, stand aside, and I’ll update again in 24 hours.

Turov Investment Group Inc. managed account activity for April 15, 2012
Program:
Position entering the day
Position change at 10:45 a.m.
Position change at 4:00 p.m. (i.e. overnight)
Program A
100% US Gov’t 1.2x bond
None permitted
100% SPX 2x
Program B, C, R
100% inverse NASDAQ 100 2x
100% cash
100% SPX 2x
Program D
100% inverse NASDAQ 100 2x
100% cash
None; staying 100% cash
Program VA
100% inverse NASDAQ 100 2x
None permitted
100% cash
Notes:  The custodian for Programs A, B, C, D and Rydex (R) is Rydex Funds
The custodian for Program VA (Variable Annuity) is Nationwide Insurance
Turov Investment Group Inc. never takes possession of client funds.
IMPORTANT: Occasionally, errors will occur in the above; it is not an “official” report!

Thanks for the opportunity to be of service, and I will update again in 24 hours.

Turov on Timing is Copyright © 2012 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.

 This is a 10:30 intraday update of Turov on Timing for Friday, April 13, 2012.

The day is going perfectly for us.  Led by weakness in AAPL and GOOG (as anticipated last night), the SPX is down almost a full percentage point.  TOT daily traders are a maximally bearish 500% short.

The SPX is currently about 1375.  The risk:opportunity for the balance of the day is no better than neutral.  Protect your profit by lowering your buy stop to SPX 1378.  If the SPX declines to 1372, lower the stop again to SPX 1375, and for each additional 3 point decline, lower the stop by an equivalent 3 points.  If still short as we approach the close, cover the position on the close and go into the weekend fat and flat!

Have a great weekend, thanks for the opportunity to be of service, and I will update again six hours before the start of Monday’s session.

Turov on Timing is Copyright © 2012 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.

This is Turov on Timing for Friday, April 13, 2012.

The SPX advanced 18.86 points yesterday to close at 1387.57.  TOT daily traders went 200% long at SPX 1381.90 and took profits on the close.  We also went 300% short on the close and have carried that position overnight and into today.  For the week so far, the SPX is down 10.51 points, and TOT daily traders are up 11.34 points.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 13205.88 cumulative SPX points, compared to a gain of 928.64 points in the index itself over the same period.  That’s a ratio of 14.22 to one.

The super long term perspective for the stock market remains bearish (as it has been since January 2000 after having been bullish from December 1974 until then).  When the current cyclical bull market ends (and at present, my best educated guess is that it will end in late 2012 or early 2013), expect another nasty crash to perhaps finally bring an end to the long term bear market that began in 2000. 

After only a short while in bullish territory, the Intermediate Term Model has downticked from bullish to bearish.  Repeating, the Intermediate Term Model is bearish.

After the close, Google came out with earnings, and the stock briefly soared from 651 to 670 before settling back as their quality of earnings was questioned on CNBC.  If GOOG cannot hold its strength, and if AAPL continues yesterday’s uncharacteristic slide in an up market, we will be very well situated today, indeed.

The daily model is bearish today.  TOT daily traders come into today’s session 300% short from the close yesterday.  Go an additional 200% short at (the first sign of weakness) SPX 1387 stop.  That will bring us up to a maximally bearish position.  Use a protective buy stop at SPX 1403 on both old and new positions.  I’ll update again between 10:30 and 11:00 a.m..

Turov Investment Group Inc. managed account activity for April 12, 2012
Program:
Position entering the day
Position change at 10:45 a.m.
Position change at 4:00 p.m. (i.e. overnight)
Program A
100% cash
50% SPX 2x & 50% cash
100% US Gov’t 1.2x bond
Program B, C, R
100% NASDAQ 100 2x
50% SPX 2x & 50% cash
100% inverse NASDAQ 100 2x
Program D
100% NASDAQ 100 2x
100% cash
100% inverse NASDAQ 100 2x
Program VA
50% NASDAQ 100 2x
& 50% SPX 2x
None permitted
100% inverse NASDAQ 100 2x
Notes:  The custodian for Programs A, B, C, D and Rydex (R) is Rydex Funds
The custodian for Program VA (Variable Annuity) is Nationwide Insurance
Turov Investment Group Inc. never takes possession of client funds.
IMPORTANT: Occasionally, errors will occur in the above; it is not an “official” report!

Thanks for the opportunity to be of service, and I will update again in a few hours.

Turov on Timing is Copyright © 2012 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.

 This is a 3:04 intraday update of Turov on Timing for Thursday, April 12, 2012.

In my 10:42 intraday update, I said, “My intraday model (10:45 through the close) for the NASDAQ 100 is neutral, and for the SPX, it’s bullish!”  Well, since then, the NASDAQ 100 is dead flat, and the SPX is up 5!

TOT daily traders went 200% long at SPX 1381.90.  The SPX is currently about 1387.  Raise your stop to SPX 1382.  If still long as we approach the close, take your profit on the close.

ALSO, TOT daily traders are advised to go 300% short at the market on the close and carry that position overnight and into tomorrow. 

Regardless of news, the daily model will be bearish tomorrow.  And if Google’s earnings, due out after the close, are not up to expectations (and I have no idea whatsoever whether they will be or not), the pieces are in place for a potential waterfall decline tomorrow (aided by a weak-today and possibly weaker tomorrow, Apple Inc.).

Thanks for the opportunity to be of service, and I will update again in about 10 hours.

Turov on Timing is Copyright © 2012 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.

This is a 10:42 intraday update of Turov on Timing for Thursday, April 12, 2012.

With both the Intermediate Term Model and the daily model being bullish today, this morning’s strength in tech stocks is not surprising, and as previously reported, most Turov Investment Group Inc. managed accounts are long the NASDAQ 100 fund.  However, I was reticent to go long the SPX early on as I expected its strength to come later in the day than the NASDAQ’s.  Wrong.  It’s come.

My intraday model (10:45 through the close) for the NASDAQ 100 is neutral, and for the SPX, it’s bullish!   Hmmm.  Tough decision, whether to jump into the SPX after it’s already up almost a full percent.  But I’m going to follow the model and recommend doing precisely that.  TOT daily traders are advised to go 200% long the SPX, and we’ll use the 10:45 price as our “official” entry level.  Once long, use a 0.5% protective stop on the position.  If still long as we approach the close, sell the position at the market AND reverse it by going 200% short and carrying that position overnight and into tomorrow.  If we’ve been stopped out of the long prior to the close, then just go overnight flat, even though, preliminarily, the daily model will be bearish tomorrow.

Thanks for the opportunity to be of service, and I will update again in about 15 hours.

Turov on Timing is Copyright © 2012 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.

This is Turov on Timing for Thursday, April 12, 2012.

As expected, the Alcoa news Tuesday night sparked a gap opening in all the major averages, and the SPX advanced 10.12 points yesterday to close at 1368.71.  However, as measured by the ETFs, all the major averages closed down from where they opened.  TOT daily traders were on the sidelines for the session.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 13194.54 cumulative SPX points, compared to a gain of 909.78 points in the index itself over the same period.  That’s a ratio of 14.50 to one.

The super long term perspective for the stock market remains bearish (as it has been since January 2000 after having been bullish from December 1974 until then).  When the current cyclical bull market ends (and at present, my best educated guess is that it will end in late 2012 or early 2013), expect another nasty crash to perhaps finally bring an end to the long term bear market that began in 2000. 

The Intermediate Term Model is bullish.  I expect to see the market move higher today, but if breadth is poor, then we could easily see this Model reverse itself rather quickly.

The daily model is modestly bullish today.  In the absence of news, I expect the SPX to do better in the afternoon than in the morning.  The NASDAQ 100 should outperform the SPX, at least in the morning.  I want to stay on the sidelines in the early going, but I will be recommending an SPX long position sometime in the morning.  I will email you again this morning.

Turov Investment Group Inc. managed account activity for April 11, 2012
Program:
Position entering the day
Position change at 10:45 a.m.
Position change at 4:00 p.m. (i.e. overnight)
Program A
100% cash
None
None
Program B, C, R
100% cash
None
100% NASDAQ 100 2x
Program D
100% cash
None
100% NASDAQ 100 2x
Program VA
100% cash
None permitted
50% NASDAQ 100 2x
& 50% SPX 2x
Notes:  The custodian for Programs A, B, C, D and Rydex (R) is Rydex Funds
The custodian for Program VA (Variable Annuity) is Nationwide Insurance
Turov Investment Group Inc. never takes possession of client funds.
IMPORTANT: Occasionally, errors will occur in the above; it is not an “official” report!

Thanks for the opportunity to be of service, and I will update again in a few hours.

Turov on Timing is Copyright © 2012 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.

This is Turov on Timing for Wednesday, April 11, 2012.

Another good day for the home team as the SPX declined 23.61 points yesterday to close at 1358.59 while TOT daily traders were peacefully on the sidelines for the session.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 13194.54 cumulative SPX points, compared to a gain of 899.66 points in the index itself over the same period.  That’s a ratio of 14.67 to one.

The super long term perspective for the stock market remains bearish (as it has been since January 2000 after having been bullish from December 1974 until then).  When the current cyclical bull market ends (and at present, my best educated guess is that it will end in late 2012 or early 2013), expect another nasty crash to perhaps finally bring an end to the long term bear market that began in 2000. 

The Intermediate Term Model is bullish.

After the close yesterday, Alcoa kicked off “earning season” with a surprise that pleased the futures market.  Candidly, neither my indicators nor I have any idea what might occur after the market gaps open.  The most likely action today is a less volatile session than either Monday or Tuesday, but the only thing crystal clear is that anything can happen.  The daily model is neutral, and we will simply stand aside again and await a clearer signal.

Turov Investment Group Inc. managed account activity for April 10, 2012
Program:
Position entering the day
Position change at 10:45 a.m.
Position change at 4:00 p.m. (i.e. overnight)
Program A
100% cash
None
None
Program B, C, R
100% cash
None
None
Program D
100% cash
None
None
Program VA
100% cash
None permitted
None
Notes:  The custodian for Programs A, B, C, D and Rydex (R) is Rydex Funds
The custodian for Program VA (Variable Annuity) is Nationwide Insurance
Turov Investment Group Inc. never takes possession of client funds.
IMPORTANT: Occasionally, errors will occur in the above; it is not an “official” report!

Thanks for the opportunity to be of service, and I will update again in 24 hours – or sooner if circumstances warrant.

Turov on Timing is Copyright © 2012 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.