Stock Market and the Economy Now a Political Pinata Disguised as China-Trade-Talks? On Friday, our models indicated: “With the Non-Farm Payrolls out of the way, China trade talks appear to be the only game left”, with our headline itself highlighting this possibility, and we are indeed seeing it all over the place as we are (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 05/06” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) The S&P 500 index rebounded from a Fed-led decline as investors cheered a stronger-than-expected U.S. jobs report for the month of April. A slew of robust earnings further fueled the day’s gains. Rising (more…)
Results of Published Model Entries and Exits for Friday 05/03 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…)
US-China Trade Talks the “Play Book” Next Week? With the Non-Farm Payrolls out of the way, China trade talks appear to be the only game left to cheer the markets next week – but, till then nothing much to feed the bulls. With the new highs established, economic news looking like non-events, investors appearing apathetic (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 05/03” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Intense selling in Energy stocks extended for the second session in a row alongside plunging oil prices, dragging the S&P 500 index lower. The index, however, recouped some of the day’s losses to (more…)
Results of Published Model Entries and Exits for Thursday 05/02 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…)
Consolidation to Continue Today China trade talks might be used to cheer the markets next week – but, till then nothing much to feed the bulls (barring some unexpected bullishness in the NFP release tomorrow). With the new highs established, economic news looking like non-events, investors appearing apathetic to geopolitical headlines, Fed seeming almost irrelevant (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 05/02” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 index pulled back from fresh new intraday highs to close sharply lower after the Federal Reserve Chairman Jerome Powell reiterated the central bank’s patient approach to monetary policy, further (more…)
Results of Published Model Entries and Exits for Wednesday 05/01 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…)
Markets Appearing Skittish – Tread and Trade Carefully With the new highs established, economic news looking like non-events, investors appearing apathetic to geopolitical headlines, Fed seeming almost irrelevant (for now), earnings looking to be in a Goldilocks scenario…there “apparently” is not much that seem to excite the markets in one way or another. And, yet, (more…)
