Reckless Ignorant Amateurism or Masterful Strategic Dealmaking? Financial markets are getting spooked with Trump’s surprise Mexico tariffs threat overnight and the market technicals are severely damaged in the overnight futures action. Political populism works until it hurts the common man in the pocket, and when it does, it could get unforgiving for the players. Would (more…)
Results of Published Model Entries and Exits for Thursday 05/30 Note that the choppiness of today’s market action has manifested itself in the excessive number of trades by our aggressive intraday models! Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 05/31” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P 500 index struggled for direction but managed to rebound from a 12-week low, albeit with a choppy price action that was confined within key technical levels of 100 DMA and 200 (more…)
Can’t Snooze our Way Out of This Trade-war Escalation! The administration seems to be caught off guard with their naive approach to believing that they could just bulldoze their way through the trade negotiations with the world’s second largest economy! Hitting the snooze button does not reset the time-sensitivity for finding a way-out of the (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 05/30” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Fears of an imminent recession were further stroked after the closely watched yield curve inverted deeper into negative territory, sparking a panic selling in equities across sectors. While retail stocks were the worst (more…)
Results of Published Model Entries and Exits for Wednesday 05/29 Note that the choppiness of today’s market action has manifested itself in the excessive number of trades by our aggressive intraday models! Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last (more…)
Publicly Bullying a Nation’s Pride Makes Not For a Deal-making Strategy! With no major economic or earnings releases on the horizon, markets to obsess over the deteriorating US-China trade dispute situation. Falling yields are beginning to spook the investors. Public bullying of a sovereign nation’s pride seems to have brought us here (we need “diplomats” (more…)
Results of Published Model Entries and Exits for Tuesday 05/28 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 (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 05/29” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Growing trade uncertainty and its impact on stock markets dampened investor sentiment after President Trump said over the weekend that he is not yet ready for a trade deal with China and China (more…)
Consumer Confidence and Geopolitics The release of consumer confidence numbers at 10:00am ET may likely be less critical than the yo-yo moves of the investor sentiment surrounding the US-China deal and other geopolitical headlines. When the financial markets’ hope or despair involve politics and not economics, there is something not normal about the state of (more…)
