NFP Numbers, Coronavirus, Options Expiration… Between the Non Farm Payrolls data (beating expectations, but unemployment rate rising a bit), the coronavirus whistle blower’s death in China and the potential for it to cause headaches to the Xi administration, the weekly options expiration, and the potential fatigue from the recent yo-yo run the market had…there is (more…)
Results of Published Model Trades for THU 02/06 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…)
Bulls, Slowdown! Bears, Don’t Jump the Gun! Our models are continuing to flash signs of choppy price action ahead – in both directions. In spite of the markets clearing the 3255-3310 range our models were looking for with the daily close yesterday above 3310, the price action is not indicative of a bullish directional bias, (more…)
Results of Published Model Trades for WED 02/05 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…)
The Bear Beaten Down, Yet? With the strong surge in the overnight futures, the befuddled market bear appears set to be beaten down today! The Friday’s drop is now in the rear view mirror as markets appear poised to rocket past that day’s highs and some more. What is driving these markets? No one knows (more…)
Results of Published Model Trades for TUE 02/04 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…)
Nothing Improved On Coronavirus Headlines – Why this Bullish Run Again?! If Friday’s market rout was driven by coronavirus fears, one would be hard pressed to explain what changed on that front to fuel the run up yesterday and in the overnight futures! Our regular readers can recall our past articles where we said the (more…)
Results of Published Model Trades for MON 02/03 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…)
China Markets Down Big and U.S. Markets Up This Morning? Friday’s market rout has weakened the markets’ technicals considerably. With U.S. confirmed coronavirus cases going up from 8 to 11 over the weekend, the outlook is not any optimistic for the markets. The Shanghai market closed down 7.7% overnight in the first post-lunar-year-break session. S&P (more…)
Results of Published Model Trades for FRI 01/31 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…)
