Stimulus Deal, the Next Catalyst Markets are counting on – and, awaiting – the stimulus deal to make any real move in either direction. Unless something changes dramatically, that is the only game in town until earnings season kicks in soon. 3410-3370 is the key range our models are monitoring for today. Read below to (more…)

Goldilocks Counting on Stimulus Money Covid-19, worsening jobs scenario, potential political upheaval are being balanced (at least, for now) by investors’ hope for stimulus money freely flowing and feeding the market bull. At least, that is the theme the markets appear to be starting the new trading week with. 3330-3380 is the key range our (more…)

Corona Scare or New Stimulus Hope? The theme of our trading plans all this week has been: “It remains to be seen if the climb up this week so far is for real or if it would fizzle out on Friday, 10/02”. Sure enough, this morning, Friday, 10/02, we are seeing a re-evaluation of the (more…)