Hot Earnings to Melt the Markets Up? Notwithstanding the political theater, the nature of the earnings is going to shape the next few weeks on the markets. Regardless of that action, one can not expect record highs every session. Nevertheless, caution is advised to the bears itching to jump the gun and go short – (more…)

Earnings to Shape the Next Leg of this Market Notwithstanding the political theater, the nature of the earnings is going to shape the next few weeks on the markets. Regardless of that action, one can not expect record highs every session. For that reason, caution is advised to the bears itching to jump the gun (more…)

This Bull Appears Unstoppable! Yet another record high in the overnight futures taking the index closer to our 3334 level! However unstoppable the bull might seem, caution is warranted if the index stalls around that level. As we have been reiterating explicitly for the last many days,there is no imminent threat or slowing down to (more…)

Child’s Play of Record Highs? The earnings season in its early days seems to be kicking in yet another leg higher with record highs being registered in overnight futures markets. If 3300 is sustainably broken above, then we are looking at 3334 as a potential target. As we have been reiterating explicitly for the last (more…)

Earnings Triggered Inflection Point? The unusually high number of trades by both of our models indicate to a hard battle at the current levels and a potential inflection point forming, which could pivot the next leg of the market move in either direction. With the geopolitical tensions fading away, and the watered down “trade war” (more…)