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Daily Commentary - Posted by on July 22, 2009

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Trading the Odds on Wednesday – July 22, 2009

Although during the first part of Tuesday's session it seemed that the market would probably end his series of higher closes, the bulls gained the upper hand again due to a remarkable late-day recovery (not from oversold, but already overbought cond

Daily Commentary - Posted by on July 21, 2009

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Trading the Odds on Tuesday – July 21, 2009

The same procedure on Monday's session again: from a historical and statistical perspective a negative short-term tendency, but a remarkable positive outcome (with respect to a couple of setups the first occurrence since 01/02/1990, e.g. NASDAQ Adva

Daily Commentary - Posted by on July 19, 2009

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Trading the Odds on Monday – July 20, 2009

On Friday's session the market (at least the S&P 500) -for the most part- complied to the slightly negative outlook based on those setups which were triggered on Thursday's close calling for an at least limitied upside potential during Friday's

Daily Commentary - Posted by on July 17, 2009

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Trading the Odds on Friday – July 17, 2009

The market is undoubtedly in 'bull mode', and even if historical probabilities and odds are tilt in favor of lower closes and/or below-average expectancy (profit factor) based on regularly a couple of negative setups triggered on the previous sessio

Daily Commentary - Posted by on July 15, 2009

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Trading the Odds on Thursday – July 16, 2009

With respect to market breadth on the NYSE, US major market indices posted one of their strongest sessions since 02/01/1990. NYSE Advancing Issues/Declining Issues closed at 8.97, NYSE Advancing Volume/Declining Volume at 28.15 (NYSE TRIN at 0.32),

Daily Commentary - Posted by on July 14, 2009

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Trading the Odds on Tuesday – July 14, 2009

With ES (E-MINI S&P 500) up +15.50/+1.75% after Intel's profit and sales blew past Wall Street's forecasts, it doesn't make sense to publish a posting based on those setups which were triggered on Tuesday's close. Posting will resume after Wedn

Daily Commentary - Posted by on July 11, 2009

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Trading the Odds on Monday – July 13, 2009

The supposed lower close over the course of the then following five sessions due to the perpetual under-performance of small caps vesus big caps (the Russel 2000 closed lower 5 days in a row and under-performed the S&P 500 on a fivth continuous