Markets to Begin Going Back to Basics? This week marks the beginning of the corporate earnings season, with some economic releases sprinkled across. These are likely to push the markets to start focusing on the economic fundamentals, sans any continued/new hype around the US-China trade talks. Any lack of upside moves should NOT be construed as (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 04/08” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Signs of progress in trade negotiations, coupled with a bullish jobs report lifted the S&P 500 index for the seventh straight session. Extending gains for the week and logging its longest winning streak (more…)
US-China Trade Talks: Yep, Still (and, Again) the Trump Card Today As we wondered yesterday, with the ever dragged-on, “hopeful”, “imminent” US-China trade “deal”, are the markets drinking the Kool-Aid or real, nourishing tonic? Only time can tell! But, it is still (and, again) the trump card today (or, the Trump card, if you prefer (more…)
US-China Trade Talks: Kool-Aid or Nourishing Tonic for the Markets? With no major economic/financial/earnings catalysts to push further, a phase of consolidation could ensue for the rest of this week and/or until more market relevant economic and earnings news start to trickle in…with, of course, the China trade talks intermittently used, again and again, to (more…)
Bulls Ensconced in their Territory With the help of the China headlines, quarter-end window dressing, and first-of-month flows, the bulls managed to make a push deep into their territory. With no major catalyst to push further, a phase of consolidation could ensue for the rest of this week and/or until more market relevant economic and (more…)
It’s China, China, and China Today! (and, first-of-the-month) As we first wrote on last Monday (click here to see the original article), China continues to be the main driver of the market headlines – may be for lack of any other better/bigger news. This might continue into the week and/or until more market relevant economic (more…)
Quarterly Ritual of Window Dressing to Drive the Markets today? The alleged quarterly (for some, monthly) market ritual of window dressing to potentially drive up the market today, or cause choppy spikes up even in the face of any negative developments, frustrating the bears further. The market action today likely to favor the bulls than (more…)
Potential China Trade Talks’ Breakthrough (yes, again), Quarter End Window Dressing… As we wrote on Monday this week, the potential “breakthrough” in US-China trade talks is hitting the headlines again. Add to that the potential quarter-end window dressing by fund managers, and we have a perfect recipe for artificially choppy trading to frustrate the bears (more…)
It is Still the Bulls’ Territory The bulls are trying to beat up the “no recession” drum to keep the bears at bay. Weakening U.S. home sales is not going to help in the medium term, but for now, the loudest party likely to get to push the market in their direction. At the end of (more…)
“No recession” Assertions to Resuscitate the Bull? With investors likely beginning to focus on the macro economic factors at a global scale, the bulls are trying to beat up the “no recession” drum to keep the bears at bay. Weakening U.S. home sales is not going to help in the medium term, but for now, (more…)
