So Close and Yet So Far! With the potential fiasco with the trade war now becoming clearer, with everything from North Korea to Syria appearing bumbled, investors seem to be fast losing confidence in a continued Goldilocks scenario with the economy – domestic as well as global. The overnight slide in the futures speaks to (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the last published Results of the Morning Trading Plans, please click here. THE GIST (“THE WHAT”) Choppy directionless session closed sharply lower amid (more…)
Results of Published Model Trades for MON 10/07 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
It’s the (self inflicted) Tradewar Focus Week Again! For the umpteenth time, we are being told that everything is going well for a potential trade agreement with China – something that is going to be “great”, “beautiful”, “biggest ever”. And, for the umpteenth time, the markets are dancing to the tune…albeit with increasingly less and (more…)
Results of Published Model Trades for FRI 10/04 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the last published Results of the Morning Trading Plans, please click here. THE GIST (“THE WHAT”) Mixed batch of employment data that eased (more…)
No (anticipated/hoped?) Fireworks in NFP This morning’s NFP data proved to be just a yawn for those expecting/anticipating/hoping for some fireworks. While the unemployment rate is at 50-year low, the implications of it are not necessarily boosting the bulls’ sentiment nor are emboldening the bears…yet. This potentially leaves the markets to trade on the underlying (more…)
Results of Published Model Trades for THU 10/03 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the last published Results of the Morning Trading Plans, please click here. THE GIST (“THE WHAT”) Further evidence of a slowing U.S. economy (more…)
The Market Bear is Dancing… This morning’s initial jobless claims are a tad higher than expected, but not too out of the line. The Non-Manufacturing ISM numbers to come out at 10:00 am EST to help add more color to the ISM Manufacturing number mayhem. And, tomorrow’s NFP numbers likely to seal the deal on (more…)
