It’s the (self inflicted) Tradewar Focus Week Again! For the umpteenth time, we are being told that everything is going well for a potential trade agreement with China – something that is going to be “great”, “beautiful”, “biggest ever”. And, for the umpteenth time, the markets are dancing to the tune…albeit with increasingly less and (more…)
Results of Published Model Trades for FRI 10/04 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
No (anticipated/hoped?) Fireworks in NFP This morning’s NFP data proved to be just a yawn for those expecting/anticipating/hoping for some fireworks. While the unemployment rate is at 50-year low, the implications of it are not necessarily boosting the bulls’ sentiment nor are emboldening the bears…yet. This potentially leaves the markets to trade on the underlying (more…)
Results of Published Model Trades for THU 10/03 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
The Market Bear is Dancing… This morning’s initial jobless claims are a tad higher than expected, but not too out of the line. The Non-Manufacturing ISM numbers to come out at 10:00 am EST to help add more color to the ISM Manufacturing number mayhem. And, tomorrow’s NFP numbers likely to seal the deal on (more…)
Results of Published Model Trades for WED 10/02 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Results of Published Model Trades for TUE 10/01 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Pivotal Month Ahead: For Today, New Month in-flows to Keep the Markets (Artificially) Up? In the absence of any major drivers, markets are mainly driven by exogenous factors such as the quarter end window dressing (yesterday), and potentially beginning of the month inflows today. As we wrote on Friday morning, the SPX is stuck in (more…)
Quarter-end Window Dressing to Make for Choppy Markets Today? Markets are back to looking for major drivers to push them out of the meandering range that they have been stuck in for a while. In the meantime, today marks a quarter-end, and we can expect artificial factors at the bottom of some unpredictable moves in (more…)
Results of Published Model Trades for FRI 09/27 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
