The conversation covers various topics including the 9/11 anniversary, CPI numbers, oil prices, Fed rate cuts, and the presidential debate. The hosts discuss the impact of 9/11 on American history and the importance of remembering the event. They also analyze the CPI numbers and the real cost of living, highlighting the undercounting of housing inflation. […]
Sept. 11th, Global Demand and Everything She Said Was BS Read More »
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEUTRAL (Day Count = 2) The SPX Index was manic yesterday. Aside from a session gain of over 1%, the Index had a high/low range of almost 3%. The VIX had a like range of almost 20%! How much more fun could we really expect to have in
Thursday, September 12th, 2024 Read More »
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEUTRAL (Day Count = 1) The SPX Index gained 45bps on the day yesterday. Price action was broader than it seemed with a high/low of 5497/5441. The Index closed at 5495 failing to break out above resistance at 5500 (Jun 20 high and Jul 19 low; Base of
Wednesday, September 11th, 2024 Read More »
The conversation covers various topics including the 9/11 anniversary, CPI numbers, oil prices, Fed rate cuts, and the presidential debate. The hosts discuss the impact of 9/11 on American history and the importance of remembering the event. They also analyze the CPI numbers and the real cost of living, highlighting the undercounting of housing inflation.
Sept. 11th, Global Demand and Everything She Said Was BS (VIDEO) Read More »
In this episode of Policy and Profits, Anthony Esposito and E.J. Antoni discuss the non-farm payrolls report, the state of the labor market, and the potential impact of rate cuts. They also delve into the potential for stagflation, the consequences of Harris’ tax policies, and the overall direction of the economy.
Analyzing the Non-Farm Payrolls Report and the State of the Labor Market (VIDEO) Read More »
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 4) The SPX Index consolidated inside Friday’s large down bar gaining 1.16% on the day. The result was a relatively organized “inside day” suggesting a greater move is imminent either through Friday’s high (ref 5522) or low (ref 5402). As risk appears evenly distributed
Tuesday, September 10th, 2024 Read More »
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 3) The SPX Index sold off 1.73% for the day Friday as it tested and held the previously identified support level at 5400. Since my Momentum/Trend (MOTR) Model shifted to Neutral on Aug 22 and then Negative on Sep 3 the Index has taken
Monday, September 9th, 2024 Read More »
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 2) The SPX Index lost 30bps on the day as the 50dma (ref 5506) and the 5500 levels were both violated. The Index did recover from an intraday low of 5480 to close above 5500. However, the recent move back down from 5645 resistance
Friday, September 6th, 2024 Read More »
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 1) The SPX Index was down just under 20bps yesterday as it held the 50dma (ref 5505) for the second day (A, B). The index did attempt to rally away from this week’s lows hitting a high of 5552 but faded, closing the session
Thursday, September 5th, 2024 Read More »
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEUTRAL (Day Count = 8) It’s just a scratch, we could probably buff it right out……. I wrote in my Aug 23 note that my Momentum/Trend (MOTR) Model had shifted from Positive to Neutral on the close on Aug 22. Additionally, over the past 8 sessions I have
Wednesday, September 4th, 2024 Read More »
