Results of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. THE GIST: Medium-Frequency Models: One long opened on Tuesday, 07/23, is being carried to the next session with the trailing stop anchored at 2909.90. Aggressive, Intraday...
Trump Trumps Mueller or Vice Versa? That is The Question Today! Markets are likely going to be fixated on Mueller's testimony today and be stuck in a tight range until it is over. Which way the markets would break out would depend on the question of the day: Would Mueller Trump Trump or Trump Would Trump Mueller? We do not know the answer and no one does. We all...
Results of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. THE GIST: Medium-Frequency Models: One long opened at 2990 and carried through the end of session and into the next session with its 9-point trailing stop anchored at 2996.90. ...
Rates, Trump, Earnings: Earnings the Starting Theme for Today Markets are getting a positive push from the earnings this morning. Our models indicate sustained bullish moves and/or bullish consolidation until/unless some strong and unexpected negative developments show up in the earnings arena or on the interest rates front (or, on the geopolitical sphere). The...
Results of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. THE GIST: Medium-Frequency Models: Open short carried from Friday got stopped out for a gain of 10.39 index points. Aggressive, Intraday Models: Lead to +7.00 index points in...
Rates Trump Earnings or Rates, Trump, and Earnings? As the earnings season is kicking into gear, the talk of impending economic slowdown and the calls for rate cuts (as deep as 50 basis points) are morphing from a background noise to a clamor. History shows that the interest rates trump the earnings weakness or any other market fundamentals. And, that there are...
Results of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. THE GIST: Medium-Frequency Models: One short opened at 2996 and is being carried into the next session. 9-point trailing stop anchored at 2985.61. Aggressive, Intraday...
Results of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. THE GIST: Medium-Frequency Models: One short opened yesterday got stopped out, leading to +12.00 index points in gains. Aggressive, Intraday Models: Lead to -1.90 index...
No Bull, No Bear...Goldilocks Forever? As we wrote as the theme for the Markets this week, stocks continue to be driven by earnings related headlines (Netflix, anyone?), but the market action's underpinnings point to technicals at a dominant role rather than fundamentals...for now. To avoid subjective knee jerk stands about the markets driving your trading...
Results of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. THE GIST: Medium-Frequency Models: One short opened at 2998, and is being carried to the next session. Aggressive, Intraday Models: Lead to +5.00 index points in gains on one...
Complacency or Consolidation? Markets to continue to be driven by - or, appear to be - earnings related headlines but the market action's underpinnings point to technicals rather than fundamentals...for now. The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site. NOTES - HOW TO...
Results of our models' trading plans, published Friday morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. THE GIST: Medium-Frequency Models: Open long stopped out for a loss of 7.98 index points. Aggressive, Intraday Models: Lead to -3.88 index points in losses on a total of...
In this Market, Earnings (Still) Matter (?) Markets to continue to be driven by - or, appear to be - earnings related headlines. This is even more so in the absence of any major economic (barring the Retail Sales Advance release this morning, and Powell's speech in Paris later in the day) releases that upset the complacency on the street. As we wrote on...
Results of our models' trading plans, published Friday morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. THE GIST: Medium-Frequency Models: One long opened and carried to the next session (entry at 3014, with a 9-point trailing stop currently anchored at 3005.50). Aggressive,...
Earnings Headlines to Drive the Markets In the absence of major, unexpected geopolitical headlines (China's slowing growth has been expected, old news), markets seem to be set to focus on the earnings headlines for today. And, those headlines look to be on the side of the bulls as of this morning. As we wrote on Friday's outlook, let not your sense of "can this...
Results of our models' trading plans, published Friday morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. THE GIST: Medium-Frequency Models: No trades planned for the day. Aggressive, Intraday Models: Lead to a gain of 2.50 index points on a total of two trades - one short and...
How Long Can this Ride Last? That's Not the Right Question! As we wrote yesterday morning's outlook, trying to justify what our "gut" "feeling" says what "should or should not be" happening in the markets is NOT what one should do to invest or trade in the markets. Yet, most individual investors/traders are known to do exactly that! If you find yourself pounding...
Results of our models' trading plans, published in the morning, are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. THE GIST: Medium-Frequency Models: Lead to a gain of 3.20 index points on one short trade. Aggressive, Intraday Models: Lead to a gain of 1.10 index points on a total of three...