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…)
Post-FOMC 2-hour Trading Window Results – Stunning? In our FOMC-day Trading Plans published yesterday afternoon, we wrote: “While the Fed tightening (four rate hikes) is already priced in, what happens after today’s FOMC release depends, of course, on what exactly Chair Powell has got to say”. And, he did say a lot in the press (more…)
Sell-the-Rumor and Buy-the-News? The wild ride of the last few days is likely to reach the crescendo today, on the back of the FOMC release at 2pm EST. Predicting the directionality can be a fools errand today – intraday, nimble trading OR very long term investing are the only games worth playing in town. A (more…)
