The Potential Trade War Fiasco Emboldening the Bears The tightly wound-up markets looks to be beginning to unravel today. Nevertheless, be on the high alert for swift and violent moves in both directions – unless you are a professional or veteran trader, better to sit on the sidelines for today. Leave enough room to (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 05/13” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) A strong late session rebound helped the S&P 500 to snap a 4-day losing streak. Intense selling resumed in the early session after President Trump raised tariffs on $200 billion worth of Chinese (more…)
Results of Published Model Entries and Exits for Friday 05/10 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…)
Markets Are Getting Wound Up Tightly With the geopolitical headlines filling the void of substantial economic news releases, the markets are getting wound up tight and could unravel shortly in either direction. Which direction this could happen depends on how the US-China trade talks continue to be spun around, and what happens to the (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 05/10” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P500 index closed lower for the fourth session in a row, albeit significantly off its day’s lows as price action continues to be driven by U.S. –China trade headlines. The index fell (more…)
Results of Published Model Entries and Exits for Thursday 05/09 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 (more…)
North Korea Adding to the US-trade Talks Fiasco Pressure! With the news that North Korea tested short range missiles, the pressure on the administration is growing to show that they can deliver – complaining that “the other party broke the deal” is not going to make up for the lack of strategic and mature/sophisticated “negotiations”. (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 05/09” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 index attempted to stabilize after two days of intense selling after President Trump accused China of backtracking on its promises, threatening China with a fresh round of tariffs as early (more…)
Results of Published Model Entries and Exits for Wednesday 05/08 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…)
China Laughing at Our Policy Devolving Into “Deal Making” Reality TV Show With the White House trying to talk up this week’s US-China meeting (now that the markets have teetered yesterday), and with the revelation that we could not get China to really agree to anything so far, the markets are struggling to make sense (more…)
