Trade Strategy 5.12.23

Markets (Top Stories) Source: seekingalpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Markets finished this positive cycle with a successful test of lower range quartile. Prior range was 47 handles on 1.425M contracts exchanged.   …Transition from Cycle … Continue reading

Trade Strategy 5.11.23

Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): CPI Print created a “range runner” session as price tagged and reversed from our upper and lower targets outlined in DTS Briefing 5.10.23. Trading Room … Continue reading

Trade Strategy 5.10.23

Markets (Top Stories) Inflation update April’s consumer price index, to be released at 8:30 AM ET, will give economists and policymakers fresh data on whether the Fed is succeeding in bringing down the rate of inflation toward its 2% goal. By … Continue reading

Trade Strategy 5.9.23

Markets (Top Stories) The bull bellows The Nasdaq Composite (COMP.IND) has officially exited a bear market as investors continue to pile back into tech stocks that have been shunned for much of the past year. A slight gain of 0.2% on Monday … Continue reading

Trade Strategy 5.8.23

Markets (Top Stories) The April CPI report due out on May 10 is the headliner event of the week with economists forecasting a 0.3% month-over-month increase in inflation for the month and 5.5% year-over-year gain. Following up the CPI print, … Continue reading

Trade Strategy 5.5.23

Markets (Top Stories) Source: http://seekingalpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined establishing new cycle low at 4062. Prior range was 27 handles on 1.934M contracts exchanged.   …Transition from Cycle Day 1 … Continue reading

Trade Strategy 5.4.23

Markets (Top Stories) Source: Investing.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Markets fulfilled both upside (4165) and downside (4100) targets per the DTS Briefing 5.3.23. Prior range was 72 handles on 1.610M contracts exchanged.   …Transition from … Continue reading

Trade Strategy 5.3.23

Markets (Top Stories) Fed policymakers will conclude their May policy meeting today with an assessment on whether they’ve done enough to cool down the hottest inflation seen in 40 years. Market participants are betting that the Federal Open Market Committee … Continue reading

Trade Strategy 5.2.23

Markets (Top Stories) Source: http://seekingalpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined establishing new cycle low at 4178.50. Prior range was 27 handles on 1.195M contracts exchanged.   …Transition from Cycle Day 1 … Continue reading

Trade Strategy 5.1.23

Markets (Top Stories) Source: Investing.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Markets closed out April in spectacular fashion by rallying to close on highs. Prior range was 62 handles on 1.687M contracts exchanged.   …Transition from … Continue reading