Not seeing S & P much above 2921 on Wednesday

FOR WEDNESDAY: (9/19) Usually a week before FOMC we get congestive whippy ranges and we are starting to set up for that. Not seeing S & P much above 2921 on Wednesday but starting to look like stocks, gold and crude and T-notes are higher into Friday and dollar lower.


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S&P needs to take out 2888 quickly to fall deeper

FOR TUESDAY: (9/18) Stocks down a bunch in the night session as the reality of the tariffs sets in. Should at least spill into Tuesday and maybe Wednesday. Cycles are volatile and something unexpected involving the military or natural disasters around earthquakes could develop within the next few days, and it has been tense with…


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Stocks look lower Sunday night, Monday

FOR MONDAY: (9/17) We have stocks lower on Sunday night and Monday, and would expect that there would at least be some pullback from the hurricane. May be difficult to trade and we’ll have to see how things settle out on Monday. You may have to get something short near the open of Sunday night….


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S&P sideways to higher on Friday

FOR FRIDAY: (9/14) Pre-hurricane weekend, with cycles intense over the weekend for fear and it doesn’t look like it will be over by Monday but somehow the weather people always having us betting on the end of the world and it’s never quite that bad. Still, it will be a mess and will hurt the…


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Bias for higher stocks, lower dollars into Friday

FOR THURSDAY: (9/13) Trade waiting on Central Bank craziness for Thursday. We have hurricane and report paralysis for now and maybe we can get through it by early morning when most of it should be out of the way. For now, we have a bias for higher stocks into Friday and lower dollars, and that…


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Looking for a retracement up to S&P 2897.50

FOR WEDNESDAY: (9/12) Super Thursday is approaching with a number of Central Bank meetings (but not the US until Sept. 26). Nothing happening on the commodity front of interest just yet or with other markets. Hurricane Florence and potential damage is a concern, and China rhetoric and planning continues to ratchet up–and it’s not a…


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Stocks still looking bearish

FOR TUESDAY: (9/11) Wondering if 9/11 Memorial will spook anyone on Tuesday. Most markets were quiet and not telling us much, as Super Thursday is approaching with a number of Central Bank meetings (but not the US until Sept. 26). Nothing happening on the commodity front of interest just yet or with other markets. Hurricane…


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S&P looks lower into Tuesday

FOR MONDAY: (9/10) The Sept. swoon should continue a few more days for stocks before a larger congestive bounce. Given this market’s tendency for sucker punches, we always have to sell at key areas. Is the higher employment data a game changer for bonds and the dollar? Usually it is but we will have to…


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Deepest break with really bad news would be to S&P 2860

FOR FRIDAY: (8/31) Long weekend makes it hard to take a position but the market tends to be higher after Labor Day and cycle high into Sept. 6 is looming. Any Canada deal going into Friday could be a huge boost by the end of the week. Can’t short stocks at all-time highs.


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Can’t short stocks at all-time highs

FOR THURSDAY: (8/30) NQ at all-time highs along with Amazon has to be watched for exhaustion but that point is up to 7754 on NQ futures. Long weekend makes it hard to take a position but the market tends to be higher after Labor Day. and cycle high into Sept. 6 is looming. Any Canada…


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