Morning Notes – Friday, October 29, 2021

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; The odds are for a down day with  a good chance of sideways  to an up move from pre-open levels around 4570.00 – watch for a break above 4574.00 and a break below 4559.25 for clarity Key economic data report due during the…

Morning Notes – Thursday, October 28, 2021

Directional Bias For The Day: S&P Futures are higher at 8:30 AM; The odds are for an up day with  a good chance of sideways move from pre-open levels around 4560.00 – watch for a break below 4545.25 for a change of sentiments Key economic data report due during the day: Advanced GDP ( 2.0%…

Morning Notes – Wednesday, October 27, 2021

Directional Bias For The Day: S&P Futures are higher at 9:00 AM; moving up since 6:45 AM; coming up to a downtrend line resistance The odds are for a sideways to a down day – watch for a break above 4576.25 for a change of sentiments Key economic data report due during the day: Durable…

Morning Notes – Tuesday, October 26, 2021

Directional Bias For The Day: S&P Futures are higher at 8:00 AM; moving up since 9:30 AM on Monday with small sideways consolidations The odds are for an up day – watch for a break below 4552.50 for a change of sentiments Key economic data report due during the day: HPI ( 1.0% vs. 1.5%…

Business Cycle and Sector Rotation

Some business sectors perform better during certain stages of an economic cycle and some during others. To take advantage of these regularly occurring business and economic fluctuations, we need to know when a sector typically outperforms and when it underperforms. The Business Cycle model tells us when an industrial sector has a greater probability of outperforming the market. The sector rotation approach guides us in taking money out of underperforming sectors and putting it into outperforming sectors.

Morning Notes – Monday, October 25, 2021

Directional Bias For The Day: S&P Futures are higher at 8:15 AM; drifting sideways to up 11:30 PM The odds are for a sideways to an up day; the daily bias is up – watch for a break below 4538.25 for more insights No ley economic data report due during the day: Directional Bias Before…

Morning Notes – Friday, October 22, 2021

Directional Bias For The Day: S&P Futures are little changes at 8:45 AM; drifting down since 7:30 Am after making the all-time high of 4547.75 The odds are for a sideways to a down day, however, the daily bias is up –  – watch for a break above 4547.25 for a change of sentiments Key…

Morning Notes – Thursday, October 21, 2021

Directional Bias For The Day: S&P Futures are lower at 7:45 AM; moving sideways to down since 12:30 AM The odds are for a sideways to a down day – watch for a break above 4519.25 and above 4527.50 for a change of sentiments Key economic data report due during the day: Philly Fed Manufacturing…

Morning Notes – Wednesday, October 20, 2021

Directional Bias For The Day: S&P Futures are little changed at 8:45 AM; moving sideways to down since 4:00 PM on Tuesday The odds are for a sideways to a down day – watch for a break below 4515.50 for a change of sentiments Key economic data report due during the day: Beige Book at…

Morning Notes – Tuesday, October 19, 2021

Directional Bias For The Day: S&P Futures are higher at 8:15 AM; moving up since 6:45 AM on Monday The odds are for an up day with a good chance of sideways to down move from the pre-open levels around 4500.00 – watch for a break below 4472.50 for a change of sentiments Key economic…