Does Something Not Seem Right with this Bull? When markets are making new highs on old news, and when the Fed is dovish when the financial markets are at historic highs and the unemployment at historic lows - if you "feel" something does not add up, you are not being irrational but you may not be being objective as well! Making trading decisions should not have...
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: The models' trades lead to a gain of 18.98 index points on closing out one long position carried from yesterday, Tue 07/09. Aggressive,...
It's All About the Monetary Policy Today! The equity index 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! Expect the markets to parse 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: The models' trades lead to a loss of 5.00 index points on one short position. An open long position (entered at 2975) is being carried to the...
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? Check out our site...
Results of our models' trading plans for Friday, 07/05/2019 - published in the morning - are now available. Anyone can verify/cross-check the triggering of these trades from any source that provides charts. In an unusual day of trading, our medium-frequency models opened and closed a total of 23 trades with a gross result of a break-even, and carried the 24th...
NOTE: The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - use these only as educational tools to...
Results of our models' trading plans for Friday, 07/05/2019 - 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: The models' trades lead to a gain of 16.25 index points on one open long position carried from Tuesday,...
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. The...
Results of our models' trading plans for the day - 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: The open long (from Tue, 07/02 - opened at 2968) with a 10-point trailing stop survived the session and is being carried into the...
TODAY's MARKET SUMMARY - WED 07/03 Our daily market summary is now available (for free, no registration or credit card required). As can be seen from the chart levels, our trading plans published this morning have done very well (will be publishing the detailed results later). THE GIST (“THE WHAT”) The S&P 500 index extended gains for the fifth straight...
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 are a...
After sitting out the markets for the last few sessions, both our medium-frequency and aggressive intraday models have made trades today. Results of our models' trading plans for the day - 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...
The Market Fireworks - Enjoy While It Lasts While it is an open question whether we got a trade war resolution, it is being celebrated with spectacular fireworks (for now). Enjoy the show (for now) and trade/tread safely. The chart depicts the levels of the Model Trades' entry and exit points we published this morning. Your results will vary depending on the...
The gap up at the open - which we referred to in our morning trading plans - is on its way to getting filled...sooner or later. Market action after that will tell the real story of the near term directional bias. Until then, it is just noise and artificial manipulation (the "first of the month" effect as we mentioned many times in our daily forecasts). Stay...
Almost every major financial news media outlet predicted the outcome of a thin-on-details "truce" on further tariffs than any substantive progress towards an agreement or a resolution to the trade war. And, yet, the overnight futures action is exuberant and indicating significant gap up in S&P 500 Index on the open. It is highly improbable that this bidding up is...
This Weekend's G-20 Summit the Destination or a Soujorn for the Long, Winding Trade War? We all have seen this movie before - we are told, "we are just about to announce the trade agreement" only to realize that there was really nothing of substance to see - for months! Will this weekend's G-20 summit hopes be any different? Investors seem to be "cautiously...
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. GIST: ------- Medium-Frequency Models: No trades triggered today as the index traded well below the trigger levels. Aggressive, Intra-day Models: Lead to a loss of 9.80 index...