Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 05/30” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Fears of an imminent recession were further stroked after the closely watched yield curve inverted deeper into negative territory, sparking a panic selling in equities across sectors. While retail stocks were the worst (more…)
Results of Published Model Entries and Exits for Wednesday 05/29 Note that the choppiness of today’s market action has manifested itself in the excessive number of trades by our aggressive intraday models! Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last (more…)
Publicly Bullying a Nation’s Pride Makes Not For a Deal-making Strategy! With no major economic or earnings releases on the horizon, markets to obsess over the deteriorating US-China trade dispute situation. Falling yields are beginning to spook the investors. Public bullying of a sovereign nation’s pride seems to have brought us here (we need “diplomats” (more…)
Results of Published Model Entries and Exits for Tuesday 05/28 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 (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 05/29” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Growing trade uncertainty and its impact on stock markets dampened investor sentiment after President Trump said over the weekend that he is not yet ready for a trade deal with China and China (more…)
Consumer Confidence and Geopolitics The release of consumer confidence numbers at 10:00am ET may likely be less critical than the yo-yo moves of the investor sentiment surrounding the US-China deal and other geopolitical headlines. When the financial markets’ hope or despair involve politics and not economics, there is something not normal about the state of (more…)
Results of Published Model Entries and Exits for Friday 05/24 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 (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 05/28” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Easing of trade tensions helped the S&P 500 index to take a breather from previous two session’s panic selling that dragged the index to log a third straight weekly decline. Heading into the (more…)
Squaring off Short Positions Before the Long Weekend? With Trump trying to prop up the markets, the institutions and the big players seem to be playing the usual trick: take the “path of the maximum pain”. While many might have got sucked into short positions yesterday – believing that the markets are doomed – they (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 05/24” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Intensifying concerns that the prolonged U.S. – China trade war could go on long enough to push the global economy into recession rattled investor confidence which were further compounded following a sluggish batch (more…)
