Markets Getting Ready to Unwind Violently? Tomorrow’s ECB Rate Decision, followed by U.S. CPI release which is followed by FOMC meeting minutes and, the ever-present US-China trade talk “settlement” hype…a lot of headline risk for the markets to unwind violently towards new highs (rather than downwards) present this week. What follows once the earnings start (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 04/09” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Extending gains for the eighth straight session, the S&P 500 index logged its longest winning streak since October 2017 and is now only 1.56% away from all-time highs of September 2018. As investors (more…)
Results of Published Model Entries and Exits for Monday 04/08 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any (more…)
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…)
Results of Published Model Entries and Exits for Friday 04/05 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any (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…)
Jobs and Potential “Consensus” on China Trade Deal – Sell the News or Buy the Hope? This morning’s jobs data goes to assuage investor fears about potential recession on the horizon. But, is “lack of recession” enough to keep driving the markets higher? And, yet another feeding of hopes on US-China trade deal with the (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 04/04” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P 500 extended gains for the sixth straight session, moving closer to the September 2018’s all-time highs, albeit on a choppy price action. Price action was however constrained within a tight range (more…)
Results of Published Model Entries and Exits for Thursday 04/04 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any (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…)
