EARNINGS SCORECARD from #Reuters $SPX

April 22, 2016 11:23 am / Published in Earnings, Market Profile, SPX
Here you can find the most up to the minute report my systems trade in the US. EARNINGS SCORECARD    

Some Selling $SPX $GOOGL

April 21, 2016 4:08 pm / Published in GOOGL, SPX
So far 78% of the companies reported have exceeded consensus estimates. The plan will be to take more profits on long positions going into the end of the month and plan on redeploying the cash on weakness in May; on the short side, the plan will be to add or establish new short positions going

Trading Plan $SPX

April 20, 2016 10:27 am / Published in SPX
The plan is to take more profits on long positions going into the end of the month and plan on redeploying the cash on weakness in May; on the short side, the plan will be to add or establish new short positions going into the end of the month. We are at the highs of the

$SPX Open Territory

April 19, 2016 7:01 pm / Published in Oil, SPX
The $SPX had taken all the down trend-lines. To the upside the next stops are only past highs. Today: A rebound in oil after a workers’ strike in Kuwait hurt output and better-than-expected earnings pushed major indexes higher, while Treasuries remained in negative territory. The dollar weakened, pushing gold higher, after weak U.S. housing data

Inflection point $World $Markets

April 15, 2016 11:12 am / Published in DAX, SPX, SPY
If the market does not like what happens in Doha, there will be an inflection point In the U. S., Industrial Production fell by -0.6% vs. 0.0% consensus.  Capacity Utilization fell to 74.8% vs. 75.5% consensus. It is important  to remember that manufacturing is only a small part of the U. S. economy. On the

Strong $Chinese Data

April 13, 2016 5:12 pm / Published in Market Update, SPX
Data moved international indexes higher questioning shorts positions on the market. Recovering 100% from the Dic 31st high.     Investors sought financial names after JPMorgan’s quarterly results kicked off bank earnings on an upbeat note, while shorter-dated Treasuries fell. Surprisingly strong Chinese trade data offered hope the Asian giant was finally stabilizing, underpinning risk