S&P 500 OUTLOOK for FRI 07/05

Posted on by TradersAI

Jobs Numbers, Options Expiration, Thin Liquidity  Today’s Jobs number is not supportive of imminent interest rate cuts. It being Friday, options expiration levels would also pull the market in various ways. And, most professionals may be taking a long weekend, leading to thin liquidity. Together, these factors could be making for a choppy market today.   (more…)

S&P OUTLOOK for WED 07/03

Posted on by TradersAI

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…)