Temporary Geopolitical Reprieve or Potential pre FOMC-minutes Bull Trap? After an impressive week last week, our models have gone into an indeterminate state yesterday. This morning, the models are pointing to potential consolidation to the recent sell off – whether it be attributable to the apparent de-escalation of the Russia-Ukraine tensions or a sense of (more…)
In a Bull Market, Everybody’s a Genius! The words “Rising tide lifts all the boats” can’t ring truer in the markets for the last two months than ever! It is markets like this that separate the wheat from the chaff. Unless you know you have an edge – or, have access to sources/ideas with an (more…)
Let the Dust Settle – Don’t Get Chopped In yesterday’s trading plans, we wrote: “That spike up already is happening with the moves since yesterday post-lunch session. Which could lead to the other outcome: rise into the inflation numbers and then sell off!”. The price action thus far – post-Inflation-numbers this morning – has already (more…)
All the Bad News Already Priced In? Really? In yesterday’s trading plans, we wrote: “Unless it proves to be a falling knife, bears need to be cautious on Thursday and Friday, for a sudden spike up could ensue”. That spike up already is happening with the moves since yesterday post-lunch session. Which could lead to (more…)
Markets Dreading Inflation Numbers This Week This week’s Core Inflation Numbers coming out on Thursday have the markets nervous, with some already predicting seven rate increases by the Fed! Unless it proves to be a falling knife, bears need to be cautious on Thursday and Friday, for a sudden spike up could ensue. Till then, (more…)
Hot Payrolls Number Pushing the Yields Up This week’s market action tracked our trading plans almost to the letter, especially on a day-to-day basis! We wrote in our trading plans published this Monday, 01/31: “…Any remaining strength of the bulls will be likely tested from Wednesday, 02/02”. And, on Wednesday we wrote: “Today is that (more…)
Just as Suspected Since Monday, 01/31 We wrote in our trading plans published this Monday, 01/31: “…Any remaining strength of the bulls will be likely tested from Wednesday, 02/02”. And, yesterday we wrote: “Today is that day when we will get an idea of how much juice is left in the “bounce back” from recent (more…)
Another Leg of Wild Ride Ahead? We wrote in our trading plans published this Monday, 01/31: “…Any remaining strength of the bulls will be likely tested from Wednesday, 02/02”. Today is that day when we will get an idea of how much juice is left in the “bounce back” from recent lows. Expect whipsaw trading (more…)
Buoyancy from First-of-the-month Flows? As we wrote in our trading plans published yesterday, “Before that, tomorrow could see the “first-of-month flows” related push up, that our regular readers would be familiar with. Any remaining strength of the bulls will be likely tested from Wednesday, 02/02″. Expect buoyancy in the markets today. Any weakness today – (more…)
Last Couple of Weeks of Volatility Regular readers of our Daily Trading Plans recognize today’s market action as the expected “Month-end Moves”. After going into an indeterminate state, our models are pointing to early indications of another leg of volatility to kick in later this week. Before that, tomorrow could see the “first-of-month flows” related (more…)
