The Bear is Officially In! With the Dow officially entering the bear market yesterday, it’s no wonder the other indices joined it with the overnight futures down big…hitting the rare “limit down”. The 11 year bull market is now officially dead, and for most investors/traders this is a new territory to navigate. Unless some unexpected...
Be Careful with Bull Traps and Bear Traps! Yesterday’s headlines-driven (“fiscal stimulus to the rescue”) rally fizzled out in the overnight futures market. It may be another wild day, with wild spikes in both directions…trapping under capitalized traders into deep draw downs and stop losses. Unless you are a professional trader with well capitalized accounts,...
Coronavirus, Oil Price, Plummeting Yields, Economic Stimulus Promise…Chop Chop… (trading plans effective from 9:45am ET) It is not a given that economic stimulus can help with the demand side shocks to the economy nor with a health crisis/pandemic. Retail traders need to be very cautious in getting sucked into the mini-rallies that can only prove...
Oil Price-war Joins Coronavirus in Chopping The Markets! Our last trading plan published Friday morning said: “Since turning bearish on Friday’s (02/21) close, our models called for a test of the 2850-2880 level which was already tested and then meaningfully bounced back. These lows could be open for testing again today or on Monday!”. As...
Results of Published Model Trades for Mon 09/16 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…)
Results of Published Model Trades for Fri 09/13 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…)
New Leg of the next Bull Run or the Last Gasp? Yesterday’s all time highs were accompanied by the month’s second highest volume, shooting down concerns of weak volumes. Was it the beginning of another leg of the bull run or is it going to prove to be the last gasp of the market (more…)
