The Bull Train Chugging Along The record retail sales this morning is steaming the bull train forward; never mind the worse than expected initial jobless claims yesterday. People are losing jobs and getting sick but buying – and will continue to buy – a lot of stuff? Nobody said markets are rational in the short (more…)
Results of Published Model Trades for THU 10/15 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…)
“Sell the News” Accelerating? Yesterday JP Morgan and today Morgan Stanley crushed the estimates! The earnings season kicked off this week with impressive earnings. Even Apple’s event gave rise to talks of “super cycle”. Yet, the market action is underwhelming at best. As we wrote in our morning trading plans yesterday, this is likely the (more…)
Results of Published Model Trades for WED 10/14 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…)
Buy the Rumor, Sell the News? The earnings season kicked off this week with impressive earnings so far. Even Apple’s event gave rise to talks of “super cycle”. Yet, the market action is underwhelming at best. Likely the result of the “buy the rumor, sell the news” at play. In our Friday’s morning trading plans, (more…)
Results of Published Model Trades for TUE 10/13 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…)
Earnings Season Started! In our Friday’s morning trading plans, we wrote: “Whatever may be one’s explanation – or, lack there of – for the market melt-up this week, the market has regained its upside bias and appears likely to close the week strong. It takes a daily close below 3390 to negate it”. If you (more…)
Results of Published Model Trades for MON 10/12 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…)
If You Wondered What a Melt-up Meant In our Friday’s morning trading plans, we wrote: “Whatever may be one’s explanation – or, lack there of – for the market melt-up this week, the market has regained its upside bias and appears likely to close the week strong. It takes a daily close below 3390 to (more…)
Results of Published Model Trades for FRI 10/09 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…)
