Potential China Trade Talks’ Breakthrough (yes, again), Quarter End Window Dressing… As we wrote on Monday this week, the potential “breakthrough” in US-China trade talks is hitting the headlines again. Add to that the potential quarter-end window dressing by fund managers, and we have a perfect recipe for artificially choppy trading to frustrate the bears (more…)
“No recession” Assertions to Resuscitate the Bull? With investors likely beginning to focus on the macro economic factors at a global scale, the bulls are trying to beat up the “no recession” drum to keep the bears at bay. Weakening U.S. home sales is not going to help in the medium term, but for now, (more…)
Use China Trade Talks to Try to Milk Investor Sentiment and Feed the Bull this Week? The euphoria of “easy Fed” wore out quickly on Friday and the Barr’s conclusions of Mueller’s report don’t seem to be lifting up the investor sentiment. With investors likely beginning to focus on the macro economic factors at a (more…)
Back to Basics, for a Day? The caution we published yesterday that a “buy the rumour, sell the news” reaction could be brewing in the markets is manifesting itself post-FOMC decision release. Any revelations of the easing/not-raising stance of the Fed seems to have lost its ability to induce a high in the investors, and (more…)
This FOMC Day a Non-event? While the markets seem to be taking today’s FOMC decision as a given, they seem to be already moving on to obsessing about other headlines including China. Watch out for any potential “buy the rumour, sell the news” reaction brewing here, at least for the short term. Below, you will find (more…)
This Bull Keeps Running! Our models got the confirmation they were looking for, and have adapted bullish bias today, anticipating another leg up. This can only be thwarted by an unexpected news out of the FOMC tomorrow (deemed unlikely – hence a negative surprise if occurs), any “buy the rumour, sell the news” inflection (deemed (more…)
Pivotal Week Ahead! The FOMC meeting this week is yet another event that could cause a swift spike up – in addition to the ever-lurking US-China trade agreement. These are the two major factors that are keeping the bear at bay, for now. Any “buy the rumor, sell the news” unfolding after these could quickly (more…)
Witch of a Friday! The wildcard of the ever dragging-on US-China trade talks and the quadruple witching Friday add to the noise, making it difficult to discern any signals. Unless investing for a very long term or venturing into an aggressive intraday trade, wiser to stay on the sidelines today. Below, you will find our models’ (more…)
The Wildcard is, still, China! The wildcard of US-China trade talks seems to be cluttering the just about-to-be-clearing-up market view into the next directional bias. And, then…we have quadruple witching Friday tomorrow to make the waters even murkier and result in sudden volatility spikes with or without headlines. Trade lightly and carefully. Below, you will find (more…)
Advantage None The S&P 500 Index did close positive yesterday – an event our models were waiting for – but, the models did not embrace the move with conviction, and thus are not adapting a bullish bias yet. Models got back into an indeterminate state, waiting for a more convincing breakout in either direction.Below, you (more…)
