The Fed Punch Bowl How long will the Fed leave the punch bowl on the table? The FOMC meeting minutes to be released this afternoon might reveal some clues, and if so, it would be the next factor that determines the near term direction for the markets. Unless there is any negative surprise, expect there...
Results of Published Model Trades for TUE 04/06 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…)
Relentless Move Up? After turning cautiously bullish on Tue, 03/30, our models continue to sport the bullish bias into today. End-of-quarter flows today as well as first-of-month flows tomorrow acted as tailwinds to push the SPX above the 4000 level decisively. Our models continue to sport a bullish bias while the index is above 4045,...
Results of Published Model Trades for FRI 04/05 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…)
Markets Melting Up After turning cautiously bullish on Tue, 03/30, our models continue to sport the bullish bias into today. End-of-quarter flows today as well as first-of-month flows tomorrow acted as tailwinds to push the SPX above the 4000 level decisively. Our models continue to sport a bullish bias while the index is above 4045,...
Results of Published Model Trades for THU 04/01 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…)
First-of-the-month Fund Flows As we published in our trading plan yesterday: “After turning cautiously bullish on Tue, 03/30, our models continue to sport the bullish bias into today. End-of-quarter flows today as well as first-of-month flows tomorrow are likely to act as tailwinds for the markets”. We are seeing just that effect this morning, almost...
