Jobs and Potential “Consensus” on China Trade Deal – Sell the News or Buy the Hope? This morning’s jobs data goes to assuage investor fears about potential recession on the horizon. But, is “lack of recession” enough to keep driving the markets higher? And, yet another feeding of hopes on US-China trade deal with the (more…)
TODAY IN THE MARKET – THU 04/04
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 04/04” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P 500 extended gains for the sixth straight session, moving closer to the September 2018’s all-time highs, albeit on a choppy price action. Price action was however constrained within a tight range (more…)
RESULTS of MODEL TRADES for THU 04/04
Results of Published Model Entries and Exits for Thursday 04/04 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…)