It’s All About the Monetary Policy Today! The S&P 500 futures are up with the release of Powell’s prepared testimony, and seem to be celebrating a potential confirmation that the fed would be cutting the rates in its July meeting – which was being already factored in with a 100% probability in the derivatives markets! (more…)
Results of Published Model Trades for TUE 07/09 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) THE GIST: Medium-Frequency Models: Lead (more…)
Despite Powell, No Major Theme Moving the Markets The absence of the constant barrage of hype and market propping antics by various parties with vested interests – both at the geopolitical level and on the domestic monetary policy level – seems to prevail into today’s session, despite Powell’s scheduled testimony today. Call it hype-fatigue? Market (more…)
Results of Published Model Trades for MON 07/08 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) THE GIST: Medium-Frequency Models: (more…)
When Hype Gets Exhausting, Markets Turn to Basics…Likely this Week In the apparent absence of the constant barrage of hype and market propping antics by various parties with vested interests – both at the geopolitical level and on the domestic monetary policy level – markets seem to be pondering about the economic basics of the (more…)
Results of Published Model Trades for FRI 07/05 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) THE GIST: Medium-Frequency Models: (more…)
Jobs Numbers, Options Expiration, Thin Liquidity Today’s Jobs number is not supportive of imminent interest rate cuts. It being Friday, options expiration levels would also pull the market in various ways. And, most professionals may be taking a long weekend, leading to thin liquidity. Together, these factors could be making for a choppy market today. (more…)
Results of Published Model Trades for Wed 07/03 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) THE GIST: Medium-Frequency Models: (more…)
Beware of Sharks in Shallow Waters (low liquidity) Due to the shortened trading hours for the July 4th holiday, expect thin trading in the markets. When liquidity is low, typically retail traders get whip-sawed with wild, sudden moves OR sustained moves in a direction opposite to the majority retail positioning (market makers, anyone?). Unless you (more…)
The Market Fireworks – Enjoy While It Lasts Barring any major, unexpected economic or geopolitical headlines, the markets are likely going to be in a holding pattern until (or, at most?) this celebratory, abbreviated week concludes. As we wrote last Thursday, “With the interest rate cut hopes drying up, a trade war resolution is the (more…)
