Uncharted Territory… As we wrote last week, the bullish narrative instantly shifted from the Fed to the Trade war, and the “optimism”/”hype” surrounding it. This fueled the S&P 500 Index to record highs, and the overnight futures seem to be stop-hunting the shorts. With the index now sporting a P/E ratio in the neighborhoods of (more…)
Results of Published Model Trades for FRI 11/01 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…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the last published Results of the Morning Trading Plans, please click here. THE GIST (“THE WHAT”) Surprisingly strong jobs report and trade optimism (more…)
NFP and ISM to Jolt the Markets Out of the “Stuck” Range? Non-Farm Payrolls and the ISM Manufacturing data releases this morning could potentially blast the markets out of the range (3010-3050) they have been stuck in for a while now. The weekly options expiration could throw a wrench into that, though, with artificial spikes (more…)
Results of Published Model Trades for THU 10/31 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…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the last published Results of the Morning Trading Plans, please click here. THE GIST (“THE WHAT”) Fresh signs of economic slowdown, coupled with (more…)
The Trade War is Back in the Headlines, Again (Our headline yesterday read: “Economic Release Overload to Give Way to Renewed Trade War Focus Ahead?”)! “…with a slew of other economic releases slated for the day – expect a “power wash” of current speculators to occur in the afternoon. And, then, of course markets likely (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the last published Results of the Morning Trading Plans, please click here. THE GIST (“THE WHAT”) Muted price action ahead of the Fed (more…)
Economic Release Overload to Give Way to Renewed Trade War Focus Ahead? With the GDP and FOMC Rate Decisions looming ahead in the day, and with BOJ and CAD rate decisions coming out as well – with a slew of other economic releases slated for the day – expect a “power wash” of current speculators (more…)
Results of Published Model Trades for TUE 10/29 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…)
