From Reuters: Tracking global sentiment, U.S. stock index futures were in the red as a deepening political crisis in Italy provoked heavy selling in European markets, and the euro touched multi-month lows. Asian shares closed lower. U.S. crude prices slipped, pressured by oversupply concerns. Spot gold edged higher on its safe haven appeal, but a
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/
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.
Because of the expected volatility for futures quarters, I am simplifying the portfolios and removing product risk. Increasing the levels of cash and relocating funds to various strategies with in the site. If you have questions please ask: Removing Risk and Closing Strategies: Bot Future Reason for Removal: Risk Management This is a third-party strategy
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.