Capping the Week with a Melt-up 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. 3410-3380 is the key range our models (more…)
Results of Published Model Trades for THU 10/08 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…)
The Bull Standing Its Ground…for Now Jobless claims worsening week by week, covid-19 getting worse, economy seems to be falling into an abyss…yet, the stock market is gunning back towards its all-time highs. Easy money flowing into stocks? Whatever may be your explanation, the market has regained its upside bias and it takes a daily (more…)
Results of Published Model Trades for TUE 10/06 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…)
Politics in Over-drive Adding to the Stimulus Uncertainty “The only game in town until earnings season kicks in soon” that we referred to in our trading plans yesterday is now thrown into further disarray with what appears to be Trump’s familiar temper tantrum that halted any stimulus negotiations until after the elections. For our models, (more…)
Results of Published Model Trades for TUE 10/06 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…)
Stimulus Deal, the Next Catalyst Markets are counting on – and, awaiting – the stimulus deal to make any real move in either direction. Unless something changes dramatically, that is the only game in town until earnings season kicks in soon. 3410-3370 is the key range our models are monitoring for today. Read below to (more…)
Results of Published Model Trades for MON 10/05 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…)
Goldilocks Counting on Stimulus Money Covid-19, worsening jobs scenario, potential political upheaval are being balanced (at least, for now) by investors’ hope for stimulus money freely flowing and feeding the market bull. At least, that is the theme the markets appear to be starting the new trading week with. 3330-3380 is the key range our (more…)
Results of Published Model Trades for FRI 10/02 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…)
