Fed Pivot Hope Turning Into a Bull Trap Nightmare? Day 2 In our trading plans published post-NFP on Fri., 12/02, we wrote: “After 20 days of meandering around 3950/4000 level, the index rocketed out of the range to a session high of 4093.50 on the FOMC day, 11/30/22. This morning’s Non Farm Payrolls data could (more…)
Fed Pivot Hope Turning Into a Bull Trap Nightmare? After 20 days of meandering around 3950/4000 level, the index rocketed out of the range to a session high of 4093.50 on the FOMC day, 11/30/22. This morning’s Non Farm Payrolls data could be suggesting that it could potentially be an “irrational exuberance”, and the futures’ (more…)
Fed Pivot, Short Squeeze, or Bull Trap? Day 19 Based on the overnight futures markets’ moves by 9:25am on Thursday, 11/10, we published our trading plans that stated: “Our models indicate not chasing this market to the long side, and not staying short either. Hence, we will be sitting out the market today”. Our models (more…)
Fed Pivot, Short Squeeze, or Bull Trap? Day 10 Based on the overnight futures markets’ moves by 9:25am on Thursday, 11/10, we published our last trading plans that stated: “Our models indicate not chasing this market to the long side, and not staying short either. Hence, we will be sitting out the market today”. Our (more…)
Fed Pivot Potential or Short Squeeze? This morning’s softer-than-expected CPI numbers triggered an intense upswing in the futures and a downswing in the yields, especially in the shorter end making the yield curve’s inversion a little less steeper. Could this be indicative of the potential for the much-anticipated “Fed pivot” in the near future or (more…)
Election Results Not Leading to Any Directionality, Yet The much anticipated mid-term elections’ results have left the markets scratching their heads – the much-touted Republican sweep not panning out appears to be taking some steam out of the bulls. While it is too early to tell, for today, there doesn’t seem to be any upward (more…)
Optimism Bottoming? As we wrote in our pre-FOMC release trading plans published yesterday: “Everything depends on the Fed speak today and how determined chair Powell sounds on future outlook. There are a lot of sources out there with extensive analysis – we won’t go into that here. We just give you the trading plans, if (more…)
Fed’s Decision Day! Potential Inflection Point in the Markets! Everything depends on the Fed speak today and how determined chair Powell sounds on future outlook. There are a lot of sources out there with extensive analysis – we won’t go into that here. We just give you the trading plans, if any, on how you (more…)
Yields, US Dollar, and Earnings – Day 3 As we wrote in our trading plans for Tue. 10/25: “The earnings driven momentum which started last week is extending into this week, mainly lead by softening USD and stalling bond yields. Until the Fed and/or the inflation takes the center stage again – likely in a (more…)
Yields, US Dollar, and Earnings The earnings driven momentum which started last week is extending into this week, mainly lead by softening USD and stalling bond yields. Until the Fed and/or the inflation takes the center stage again – likely in a few weeks – these could continue to be the main stories. Whether the (more…)
