Video
[embed]https://youtu.be/MUO14arCMFc[/embed] 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
Video
[embed]https://youtu.be/FnduEMsbT-c?si=qrEH4-P-MxFsw_WB[/embed] 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
News
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
News
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
News
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
News
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
News
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,
News
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEUTRAL (Day Count = 7) The SPX closed Friday’s session with a 1% gain, most of which came from an end of day (end of month) rally of over 1% from the session low of 5581 to the closing price of 5648.
News
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEUTRAL (Day Count = 5) The SPX Index acted as expected yesterday as the index was down 75bps at its low and saw a peak-to-trough move of -1.17% hitting an intraday low of 5560 (breaking 5600). If that level sounds familiar it’
News
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEUTRAL (Day Count = 4) Although the SPX Index was up just 16bps yesterday (closing at 5625) there was greater intraday volatility with a high/low range of almost 70bps. The high of 5631 was well below the previous session’s high of
News
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEUTRAL (Day Count = 3) The focus of this note over the past few days has been the Momentum/Trend (MOTR) Model shift from Positive to Neutral, a developing shift in the VIX curve and near-term SPX price resistance at 5645. During yesterday’
News
Market Summary: Current Momentum/Trend Model (MOTR) Signal: NEUTRAL (Day Count = 2) The SPX Index added 1.15% during Friday’s session closing at 5634. The Index hit a high of 5641, which was just shy of the previous day’s high of 5643. This is an interesting level as