Negative Price Action Today #SPY #SPX

May 22, 2018 5:19 pm / Published in * Trade Alert, SP500, SPX, SPY
Waiting for an up move on the EUR/USD which could contribute to add bull pressure to US Indexes. Today’s price action was not healthy for the bulls It was looking better at the close yesterday https://www.mariorandholm.com/2018/05/22/two-gaps-this-week-spx/  

SPY Alert – I did not buy yet

May 9, 2018 12:54 pm / Published in * Trade Alert, SP500, SPX, SPY
The SP500 just broke higher after consolidation in the last few days. My models are buying  because they do not detect institutional orders at current price levels. If institutions get involve in the long side I will start adding market risk.  

Long term market Update

March 13, 2018 3:14 pm / Published in * Randbots.com, * Trade Alert, All Time High, EUR/USD, Europe, NIKKEI, R Option, Rally, Recession, SP500, SPX, Unemployment
The SPX and NDX are showing more strength that I expected last few days. Today, we could end up with a bearish engulfing candle on daily SPX. R Option Model still flat even with the strong price action last week. In a monthly candles we are still below the last month close and high. Also

As of the close yesterday no new purchases

March 8, 2018 3:49 pm / Published in * Randbots.com, FundFlows, SP500
Data from Reuters does not show new purchases as of the close yesterday in North America. R Option not adding at current levels. I was not expecting a quick recovery from overnight drop. The model say “stay out” at current levels.      

#SPX #ES GAP DOWN

March 6, 2018 6:33 pm / Published in Market Update, SP500, SPX, SPY
Hedging long exposure. Gary Cohn, Trump’s top economic advisor, has resigned.   Reuters: https://www.reuters.com/article/us-usa-trump-cohn/white-house-economic-adviser-cohn-stepping-down-idUSKCN1GI2ZS  

Weekly Review and #Berkshire

February 25, 2018 9:39 pm / Published in Market Update, SP500
  With $116 billion cash, Buffett says Berkshire needs ‘huge’ deals. Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make “one or more huge acquisitions” of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc. Buffett said a “purchasing frenzy” binge by