top of page

Hypothetical Trading System Signals on July 15, 2022


The main move was the gap up. Most of the day was very narrow range chop as the summer of chop and complacency continues with the VIX at 24..


It is surprising, given the nature of the markets and the news flow right now that the price action has turned into stealth bull market mode as we roll into earnings season and a hot CPI at 9.1% on Wednesday. Commodity prices have dropped quite a bit since June so I'm sure short term inflation will pull back to lower numbers before moving higher again.


We remain on the sidelines since Wednesday as the market isn't providing good trading opportunities right now and we are breakeven on the month.



55 views0 comments

Recent Posts

See All

Live Trading System Signals on June 11, 2024

The One Million MNS was up +1.025% today in live trade and the 250K Portfolio was up $2,050. It was a turbulent start to the day and we were down almost -1% at the lows. We had a nice recovery to go u

Live Trading System Signals on June 10, 2024

The One Million MNS was up +0.975% today while the 250K Portfolio was up $1,950 on the day. The Stock Index Portfolio 18 was up +$2,910. The market continued to move higher today. The VIX was up and t

Live Trading System Signals on June 6, 2024

The One Million MNS was down -0.825% today and the 250K Portfolio was down -$1,650 giving back about one fourth of yesterday's gains in the chop before the Jobs Report tomorrow morning at 7:30 am CST.

コメント


bottom of page