Shorts Not to Jump the Gun! The overnight futures are indicating just a bit of pressure on the markets, but shorts are cautioned against establishing any long term downside bets prematurely. While the China trade agreement hype to prop up the markets may be giving way to skepticism, the mutual funds’ potential advanced-window-dressing for the (more…)

Markets in a Melt-up Mode or Approaching an Inflection Point? With the daily closes on Friday and Monday, our models are confiming a bullish bias while above 3100. Continued efforts to use China trade agreement potential as a trickle of hype to prop up the markets, the mutual funds’ potential advanced-window-dressing for the annual closings, (more…)

Friday’s Range Break-out Real or Fake? After e-mini overnight futures hit another record high on the S&P 500 Index, chances are high that the regular session would test the break out. Until a definitive deal agreement is announced – or, another concerted effort to hype it up is unleashed – expect some consolidation ahead.  As (more…)

Choppy Trading While Range-bound In spite of all the apparent noise around – China trade war (given up on any hopes for any agreement at all anytime soon?), Fed taking away the punch bowl, and the impeachment hearings – the markets seem to be searching for some direction as to taking a stand about the (more…)