When You Can Not See the Road Ahead When you can not see the road ahead far enough and/or clearly enough, it is prudent to slow down and be cautious. The whipsaw that bears got caught in on Friday’s melt down, and the dismay the bulls felt with the ease of the free fall…is likely (more…)
One Can’t Spin One’s Way Around Forever The flip-flop and the eventual spin about the China trade war from the White house has sent the world financial markets into a whipsaw fest overnight. With such knee-jerk comments and repeatedly conflicting stands and messages, the Trump administration may be eventually losing its credibility with the financial (more…)
Results of Published Model Trades for FRI 08/23 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…)
INTRADAY UPDATE as of 11:50am EST The aggressive intraday models’ short position from 2918 and the medium-frequency models’ short position from 2894 are both manually closed out as the real time models indicate potential consolidation for now. Both models are in an indeterminate state, pending analyses of further price action post Powell’s speech. For that (more…)
Horror Stories From the G7 and/or Jackson Hole Over the Weekend? Investors seem to be fretting over the potential for market horrors to unfold over the weekend involving unexpected headlines from the G7 summit or the Jackson Hole. Add to this the Friday options expiration plays and we have got a recipe for chaotic and (more…)
Results of Published Model Trades for THU 08/22 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…)
Powell in Hole, Esther on Accommodation, Yields in Inversion… Fed Chair Powell’s speech at Jackson Hole tomorrow is going to be watched very keenly and parsed feverishly, and can set the tone of the trading for the next week. Kansas’ Fed Esther’s comments that July rate cut was “not necessary” could be setting the tone (more…)
Results of Published Model Trades for WED 08/21 (08/22/19 2:48 pm: Edited the results numbers to add one more losing long, with a 3.00 point loss, which we missed when published originally. Thank you to an astute reader for helping us catch the slip – your support and keen eye and feedback helps us make (more…)
FOMC Meeting Minutes to Offer Help for Market Bulls? The early exuberance around retail earnings notwithstanding, FOMC meeting minutes release at 2:00pm EST is going to set the tone for the market’s mood for the rest of the week until Friday. Plummeting bond yields and the underlying recession concerns, or the skyrocketing retail earnings and the (more…)
Results of Published Model Trades for TUE 08/20 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…)
