Beware of Sharks in Shallow Waters (low liquidity) Due to the shortened trading hours for the July 4th holiday, expect thin trading in the markets. When liquidity is low, typically retail traders get whip-sawed with wild, sudden moves OR sustained moves in a direction opposite to the majority retail positioning (market makers, anyone?). Unless you (more…)
Results of Published Model Trades for Tue 07/02 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) THE GIST: Medium-Frequency Models: (more…)
The Market Fireworks – Enjoy While It Lasts Barring any major, unexpected economic or geopolitical headlines, the markets are likely going to be in a holding pattern until (or, at most?) this celebratory, abbreviated week concludes. As we wrote last Thursday, “With the interest rate cut hopes drying up, a trade war resolution is the (more…)
When Sojourning Leads to Celebrating As If Reached the Destination…STOP and THINK! Almost every major financial news media predicted the outcome of a thin-on-details “truce” on further tariffs than any substantive progress towards an agreement or a resolution to the trade war. And, yet, the overnight futures action is exuberant and indicating significant gap up (more…)
Results of Published Model Trades for Thu 06/27 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) THE GIST: Medium-Frequency Models: (more…)
Directionless Trading to Continue into the G-20 Summit Weekend Barring any major, unexpected economic or geopolitical headlines, the markets are likely going to be in a holding pattern until the G-20 summit, which could shed some light on the potential for any resolution to the trade war. With the interest rate cut hopes drying up, (more…)
Results of Published Model Trades for Wed 06/26 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) THE GIST: Medium-Frequency Models: (more…)
Powell’s Diffidence-turned-Dissidence to Torpedo Markets Buoyed by Rate-cut Hope/Hype? Chairman Powell’s remarks cautionary words about not succumbing to “short term political pressures” should – and did – sound alarm bells for the markets buoyed mainly by hope/hype about imminent interest rate cuts starting in as early as July. Can the markets sustain Powell’s dashing (more…)
Markets to Look at Consumer Confidence and Powell’s Diffidence for Direction Last week’s record highs in the markets were driven by the Fed’s stand on standing pat on the interest rates. Today’s consumer confidence numbers could throw some light onto their rationale. And, Chairman Powell’s remarks later today (at 1pm ET) could be what the (more…)
Results of Published Model Trades for Mon 06/24 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) THE GIST: Medium-Frequency Models: (more…)
