Squaring off Short Positions Before the Long Weekend? With Trump trying to prop up the markets, the institutions and the big players seem to be playing the usual trick: take the “path of the maximum pain”. While many might have got sucked into short positions yesterday – believing that the markets are doomed – they (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 05/24” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Intensifying concerns that the prolonged U.S. – China trade war could go on long enough to push the global economy into recession rattled investor confidence which were further compounded following a sluggish batch (more…)
Results of Published Model Entries and Exits for Thursday 05/23 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…)