Consolidation If/Once S&P Hits the 20% Down Mark With the markets’ relentless selling, the S&P 500 has come just about 2% away from the technical definition of a bear market (20% down from the peak). If/when the S&P hits that level at 3855, our models expect an initial reaction of rebound. Whether that rebound would (more…)
Results of Published Model Trades for WED 05/11 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…)
“Inflation Peaked” Narrative to Push the Markets Up? This mornings hotter than expected Inflation report could be slowly making the chatter of “inflation peaked” a bit louder and stronger. Whether that can really prop up the markets and make yesterday’s intraday low of 3958.17 the (interim) bottom remains to be seen. Our models continue to (more…)
Results of Published Model Trades for TUE 05/10 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…)
Yet Another Bull Trap Called! While the TV talking heads were all telling you to buy into the post-Fed rally, we published our trading plans last Thursday morning with CAUTION as the theme. The index gave up more than 200 points (around 5%) since then, and our models escaped the rout unscathed! We thank our (more…)
Results of Published Model Trades for THU 05/05 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…)
When Bad News is Celebrated ‘Cause It’s Not Worse Notwithstanding the FOMC’s initiation of aggressive tightening with yesterday’s 50 basis points hike in interest rates, markets seemed to have celebrated that the committee was not considering a 75 basis points hike. That steep rise in markets seem to be dissipating in the first hour of (more…)
Results of Published Model Trades for WED 05/04 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…)
Results of Published Model Trades for TUE 05/03 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 Trying to Second Guess the Fed’s Resolve? With the 10-year yields easing off of the highs reached yesterday, the stock indexes seem to be rallying – based on the morning’s price action. Considering that the Fed is just going to get started their aggressive tightening from tomorrow’s FOMC decision, this “rally” seems to be (more…)
