Program Magic Continues Into Year End
The generals have good year-to-date performance numbers, and you can expect them to protect and enhance that in the last 7 trading days of 2006.
Traders Ride Major Fund Holdings Mark Up
The top 10-20 major holdings of the generals will continue to have magic advances like “they” took up…
A Trader’s Key Trend Zone
If there were to be any weakness before the expected year-end markup by the generals, it will probably be this week…
Continue To Focus on the General’s Picks
The top 10-20 major holdings of the generals will continue to have magic advances like “they” took up…
Primary Market Risk Is US Dollar and Democratic Congress
The economy has obviously slowed and the Fed will be hard-pressed to ease without creating more pressure on the US dollar.
Index and Energy 1st Hour Reversals
If there is some continuation weakness into next week, it will be a positive for the year-end “mark-up games.”
Near-Term Weakness Means Year-End Strength
The Federal Reserve and the Working Group on Markets (PPT) will do their best to keep the markets from any significant decline while the US dollar remains under pressure.
Market Manipulation for Remainder of 2006
Ben Bernanke and Henry Paulson go to China in mid-December, so a betting man would say that the PPT (Plunge Protection Team) is on notice to act quickly…
Energy Reversal Negative for SPX
In the sectors, gold led with the $HUI +3.6% as the $US dollar declined to another new low closing at 82.93 with key long term support at 80.59
Equity Market Dreads Slow Growth/Rising Inflation
It was kind of funny listening to Fed Chairman Bernanke yesterday telling us that inflation is the biggest threat.
Trading First Hour Reversals
The Friday after Thanksgiving’s up-bias was reversed this year, as the SPX and Dow finished down on the day.
This trading strategy helped catch the energy rally
There has been no selling pressure following the expiration, and the seasonal bias is up today and Friday.