Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 01/11” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Extending its best winning streak since September 2018, the S&P 500 index closed today’ session higher for the fifth straight session, albeit on a whipsaw price action as strength in the (more…)
It is Still About China and Fed Today With the US-China trade talks ending yesterday and the markets awaiting details of any “outcomes”, and with Fed chair Powell slated to participate in a Q&A session this afternoon, the main movers of the markets today are still China and Powell. Beyond these factors, markets might soon (more…)
Results of Published Model Entries and Exits for Wed 01/09 After breaking the winning streak of seven consecutive profitable days yesterday (Tue 01/08), our medium-term models realized a second day of losses today (Wed, 01/09) with a net loss of 12.20 index points. Our aggressive intraday models continued broke their winning streak of nine consecutive (more…)
The Fed Meeting Minutes and China With Fed Meeting minutes scheduled to be released at 2pm EST, the markets have two main levers today that may be pulled either way, depending on the dominant side (bullish/bearish). Beyond the spin, market strategists would be closely watching the Fed minutes for re-inforcing/re-interpreting the tone of Powell’s speech (more…)
Results of Today’s Published Model Entries and Exits Our medium-term models broke the winning streak of seven consecutive profitable trading days by booking a loss of 5.18 S&P 500 Index points today, and our aggressive intraday models continued the winning streak of nine consecutive profitable trading days by booking a profit today of 3.54 index (more…)
China, the spin, Continues… Our medium-term models continued the winning streak on Monday by booking 18.00 S&P 500 index points in profits, and our aggressive intraday models booked 23.00 points in profits, simply by mechanically trading the pre-defined entry and exit points as published in our trading plans before the markets open. This marks four (more…)
Today’s Published Mechanical Trading Entries and Exits netted +23.00 index points and +18.00 index points Our medium-term models continued the winning streak of seven consecutive profitable trading days by booking 18.00 S&P 500 index points in profits today, and our aggressive intraday models continued the winning streak of eight consecutive profitable trading days by booking (more…)
It’s China, Again, Today (and, likely again and again)! Our medium-term models continued the winning streak on Friday by booking 9.70 S&P 500 index points in profits, and our aggressive intraday models booked 11.70 points in profits, simply by following mechanical trading using the pre-defined entry and exit points as published in our trading plan (more…)
It’s Non-Farm Payrolls Friday! Add Fed speeches, US-China Trade Talk Headlines – Wild Moves Ahead! Our medium-term models continued the winning streak yesterday by booking 47.53 S&P 500 index points in profits, and our aggressive intraday models booked 33.50 points in profits, simply by following mechanical trading using the pre-defined entry and exit points as (more…)
Apple, Soured In China! Our medium-term models rang the 2019 trading year by booking 13.75 S&P 500 index points in profits, and our aggressive intraday models booked 14.75 points in profits, simply by following mechanical trading using the pre-defined entry and exit points as published in our trading plan before the markets opened. We wrote (more…)
