Back to Basics, for a Day? The caution we published yesterday that a “buy the rumour, sell the news” reaction could be brewing in the markets is manifesting itself post-FOMC decision release. Any revelations of the easing/not-raising stance of the Fed seems to have lost its ability to induce a high in the investors, and (more…)
Results of Published Model Entries and Exits for Wednesday 03/20 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 03/21” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 index closed lower for the second straight day led by a dramatic sell-off in banking and financial stocks. Trade concerns were further stroked after President Trump commented that (more…)
This FOMC Day a Non-event? While the markets seem to be taking today’s FOMC decision as a given, they seem to be already moving on to obsessing about other headlines including China. Watch out for any potential “buy the rumour, sell the news” reaction brewing here, at least for the short term. Below, you will find (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 03/20” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) The S&P 500 index closed today’s wild session mostly unchanged ahead of the highly-awaited FOMC policy statement release tomorrow. Gapping higher at the open, the index gave up most of the (more…)
Results of Published Model Entries and Exits for Tuesday 03/19 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any (more…)
This Bull Keeps Running! Our models got the confirmation they were looking for, and have adapted bullish bias today, anticipating another leg up. This can only be thwarted by an unexpected news out of the FOMC tomorrow (deemed unlikely – hence a negative surprise if occurs), any “buy the rumour, sell the news” inflection (deemed (more…)
Results of Published Model Entries and Exits for Monday 03/18 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 03/19” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Building up on last week’s solid gains, the S&P 500 index rallied on the back of a jump in energy, banking and retail stocks to close at a five-month high. Gains, (more…)
Results of Published Model Entries and Exits for Friday 03/15 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade (more…)
