Markets to Obsess over Fed Chair and European Covid Situation? The (new?) Fed Chair nomination over this weekend and the worsening Covid situation in Europe seems to be the current sources of market tension that is likely to unwind in a violent way in the next few days. Expect the 4715 level – on a (more…)
Results of Published Model Trades for THU 11/18 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 Coiled Markets to Unwind Soon? Markets appear to be building up a lot of pentup tension that is likely to unwind in a violent way in the next few days. The upcoming Fed chair (re?)appointment could pave way to this. Expect the 4715 level on the S&P 500 to be the critical level to (more…)
Results of Published Model Trades for WED 11/17 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…)
Open Short Survived by 0.05 points! The short that was opened last Wednesday, 11/10, had a stop loss at 4715 and the S&P 500 index reached a session high of 4714.95 and left the short alive! Looks like our models nailed it by identifying this level days in advance…may be by fluke or may be (more…)
Results of Published Model Trades for TUE 11/16 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…)
Searching for a Direction As we wrote in our Friday’s morning trading plans, “With the upside momentum appearing to start fading, and with inflation concerns not appearing to dent investors and corporates outlook, the markets could be meandering in a directionless manner for the near term”. This morning’s price action so far conforms to this (more…)
Results of Published Model Trades for MON 11/15 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…)
Meandering Markets As we wrote in our Friday’s morning trading plans, “With the upside momentum appearing to start fading, and with inflation concerns not appearing to dent investors and corporates outlook, the markets could be meandering in a directionless manner for the near term”. This morning’s price action so far conforms to that “Meandering Markets” (more…)
Results of Published Model Trades for FRI 11/12 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…)
