Baffled by the Melt-up In the Markets? If you are short and baffled/pained by the markets’ melt-up, you might want to stop trying to find a rational explanation (at least one you can reason) for markets to continue to go up – and stop interpreting not finding any reason as a signal to go short! (more…)
Market Bear Exhausted, Yet? If you are looking for a reason for the markets to keep going up and can not find it, and hence went short the market, you probably are discovering that there needs to be no rational explanation (at least one you can reason) for markets to do what they do – (more…)
No Bull, No Bear – Just a Cute Kitty There is no credible presence of any bear activity on the markets while the bulls seem to be in a resting mode. The China trade agreement hype to prop up the markets may be giving way to skepticism, the fund managers’ potential advanced-window-dressing for the annual (more…)
The Fight is Yet to Begin. Soon? While the China trade agreement hype to prop up the markets may be giving way to skepticism, the mutual funds’ potential advanced-window-dressing for the annual closings, and stop hunting of the shorts into the year end…could still pose significant risk to the bears, especially heading into the year (more…)
Shorts Not to Jump the Gun! The overnight futures are indicating just a bit of pressure on the markets, but shorts are cautioned against establishing any long term downside bets prematurely. While the China trade agreement hype to prop up the markets may be giving way to skepticism, the mutual funds’ potential advanced-window-dressing for the (more…)
Markets in a Melt-up Mode or Approaching an Inflection Point? With the daily closes on Friday and Monday, our models are confiming a bullish bias while above 3100. Continued efforts to use China trade agreement potential as a trickle of hype to prop up the markets, the mutual funds’ potential advanced-window-dressing for the annual closings, (more…)
Friday’s Range Break-out Real or Fake? After e-mini overnight futures hit another record high on the S&P 500 Index, chances are high that the regular session would test the break out. Until a definitive deal agreement is announced – or, another concerted effort to hype it up is unleashed – expect some consolidation ahead. As (more…)
Imminent Range Break-out Real or Fake? Matching the timing of the impeachment hearing, Kudlow announces that US-China trade deal is right around the corner. Despite the fact that this is probably the 100th time we are hearing about the imminent trade agreement (partial, phase-1 at that), the futures markets seem to be reacting positively (or, (more…)
Choppy Trading While Range-bound In spite of all the apparent noise around – China trade war (given up on any hopes for any agreement at all anytime soon?), Fed taking away the punch bowl, and the impeachment hearings – the markets seem to be searching for some direction as to taking a stand about the (more…)
China, Powell, and Impeachment Hearings… The headlines involving the China trade war, Fed speak, and the impeachment hearings (is any investor really worried about them, yet?)…a lot of headline noise with no real substance confining the markets within a rather directionless, choppy range. A big directional move seem to be around, and when it comes (more…)
