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…)
