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…)
Back to Basics Anytime Soon? With the geopolitical tensions fading away, and the watered down “trade war” (“Phase-1” anyone?) truce/deal playing the headlines ad nauseam, markets might be tempted to focus on some fundamental economic factors for a change, some time soon. The just-kicking-in earnings season could just be the pivot needed. The next leg (more…)
Markets Getting Tightly Wound Up? Markets are getting tightly wound up in the wake of the much hyped geopolitical tensions from last week. While the tensions may not be declared gone, they surely are not at a level to impact the markets adversely. This, coupled with the retail positioning, could be tightly winding the markets (more…)
Record Highs and Large Options Positioning Typically Blows Off the Complacent Our words from yesterday morning still apply to today’s morning: “If you are opening short trades, make sure you have enough equity to sustain long draw downs – if you may be proven right but long after you go bust, it won’t be of (more…)
Lack of Potential Economic Bust does NOT Equal to an Economic Boost! De-escalation of potential geopolitical nightmares may be explained as driving the markets from crashing, but it can not really be explained for markets to make new highs! That is what is perplexing most market players in the wake of new market highs being (more…)
Fools Rush in Where Angels Fear to Tread The Iranian attacks on US bases in Iraq last evening lead the futures markets to nose dive with the S&P 500 futures dropping to below 3200 – only to spring right back up as soon as it became a bit clear that a bit cautious and prudent (more…)
