Goldilocks Flourish Amid Jobs Numbers Quarter-end window dressing, vaccine hopes, first-of-month flows, strong jobs numbers…there are a lot of things that have been feeding the Market Goldilocks. Anyone who is betting on the short side of the markets need to have deep pockets to sustain deep draw downs before they get their chance. Markets have...
Results of Published Model Trades for WED 07/01 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…)
Headlines Involving Jobs and Vaccine Feed the Market Goldilocks Today’s price action could be driven primarily by the first-of-month systematic investment flows into the markets, putting pressure to the upside on top of yesterday’s moves, further supported by the jobs headlines and the vaccine hopes. Our short term models (1-2 weeks) indicate choppy trading while...