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…)
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…)
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…)
Record Inflation Numbers – Markets to Start Worrying, Yet? As we have been writing here for the last two weeks, “Valuations, inflation concerns, and delta-plus worries” might come back onto investors’ radars sooner or later, even though they seem to have faded into the background in the momentum-frenzy that is being driven by earnings and (more…)
Earnings and Government Spending Valuations, inflation concerns, and delta-plus worries seem to have faded into the background in the momentum-frenzy that is driven by earnings and govenment spending bills…at least for the moment. As a trader, your job is to exploit the momentum – not necessarily explain it! Never mind trying to rationalize the exuberance (more…)
Higher-than-expected NFP Print Confirms the Inflation as Transitory?! If you thought markets were really worried about the Fed being wrong about the transitory nature of the inflation, then this morning’s pre-market bullish run on the markets following the NFP data should definitely baffle you! And, you may not be alone. Nevertheless, valuations, inflation concerns, and (more…)
Fed Feeding Fodder to the Markets’ Irrational Exuberance! As we published in our morning trading plans yesterday: “IF it (the FOMC decision) does not sound ominous, markets appear ready for embarking on another leg up. Bears need to be cautious against jumping into potential bear-traps”. This played out as expected yesterday after the FOMC event, (more…)
Results of Published Model Trades for MON 09/23 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) (please click here to view (more…)
Geopolitical Headlines or Economic Releases to Dominate this Week? Expect a lot of headlines involving the United Nations, the unfolding Trump-Ukraine scandal, and key economic releases this week (Consumer Confidence, Advance Trade Balance, GDP number, Durable Goods, and PCE Core). Which one of these could drive the markets which way is anybody’s guess, but our (more…)
Results of Published Model Trades for FRI 09/20 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) (please click here to view (more…)
