Searching for a Direction As we wrote in our Friday’s morning trading plans, “With the upside momentum appearing to start fading, and with inflation concerns not appearing to dent investors and corporates outlook, the markets could be meandering in a directionless manner for the near term”. This morning’s price action so far conforms to this (more…)
Results of Published Model Trades for MON 11/15 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning. (please click here to (more…)
Meandering Markets As we wrote in our Friday’s morning trading plans, “With the upside momentum appearing to start fading, and with inflation concerns not appearing to dent investors and corporates outlook, the markets could be meandering in a directionless manner for the near term”. This morning’s price action so far conforms to that “Meandering Markets” (more…)
Results of Published Model Trades for FRI 11/12 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning. (please click here to (more…)
No Directional Drivers With the upside momentum appearing to start fading, and with inflation concerns not appearing to dent investors and corporates outlook, the markets could be meandering in a directionless manner for the near term. Positional Trading Models: Our Positional Trading Models went short on Wednesday, 11/10, on a break below 4672 (entry at (more…)
Results of Published Model Trades for THU 11/11 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning. (please click here to (more…)
Upside Pressure is Easing For a change, markets seem to be searching for rationale to go up, leading to rapidly easing upside pressure. What follows next depends on what props the congress can try to put under the markets to further support it (more/new big government spending bills? Fed actively try to ease market fears (more…)
Results of Published Model Trades for WED 11/10 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning. (please click here to (more…)
Another Record Inflation Number Out – “Transitory”? Another record inflation number in the CPI release this morning, as many expected. Markets seem to be trying to decide whether it should be considered as “transitory” or to begin worrying about inflation. As we have been writing here for the last two weeks, “Valuations, inflation concerns, and (more…)
Results of Published Model Trades for TUE 11/09 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning. (please click here to (more…)
