Results of Published Model Entries and Exits for Thu 01/10 Our medium-term models stayed out of the market today with no trades triggered. Our aggressive intraday models booked a net profit of 10.89 index points. All this, simply by following mechanical entries and exits using the pre-defined levels as given in our trading plan published (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 01/11” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Extending its best winning streak since September 2018, the S&P 500 index closed today’ session higher for the fifth straight session, albeit on a whipsaw price action as strength in the (more…)
It is Still About China and Fed Today With the US-China trade talks ending yesterday and the markets awaiting details of any “outcomes”, and with Fed chair Powell slated to participate in a Q&A session this afternoon, the main movers of the markets today are still China and Powell. Beyond these factors, markets might soon (more…)
