Results of Published Model Trades for FRI 07/17 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…)
Directionless Trading to Continue? We wrote on Wednesday: “models are looking for a close above 3235 today to adapt a bullish bias”, and for two days in a row the index has struggled to clear it. On the downside, 3200, and then 3150 are major hurdles to clear. Between 3235 and 3150 – on a...
Results of Published Model Trades for THU 07/16 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…)
Directionality Yet to Develop The earnings of Bank of America and Morgan Stanley laid bare the two sides of the financial firms’ earnings – one driven by main street economy and the other driven by by the artificial bubble created by the Fed’s unprecedented moves. We wrote yesterday: “models are looking for a close above...
Results of Published Model Trades for WED 07/15 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…)
Bouncing On the Balloon…Fun Until it Pops The index cleared the 3150 level handily yesterday, but our models are not sporting any bullish signs, yet. The financial firms’ earnings driven by trading revenues derived mostly by the Fed’s unprecedented moves may not reflect the real economy’s states or prospects. Nevertheless, as the old saying goes,...
Results of Published Model Trades for TUE 07/14 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…)
Bears Sizing Up We wrote last Thursday, “Markets have approached the high end of the 2940-3140 our models have been indicating for the last few days, and it could set up a pivotal point to the next leg – a daily close above 3150 is needed to set up the next leg up”. That theme...
Models in Indeterminate State The overnight futures are up on hopes for a vaccine, but our models are in an indeterminate state as a continuation of Friday’s “All Noise and No Signal” theme. No trades indicated for today by our models....
Results of Published Model Trades for FRI 07/10 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…)
