Pro Trader Latest Reports for Subscribers

Here’s Where Long Term Cycle Projections Now Say The Market Tops Out

The long term trend (cycles longer than 8 years) price projection of 2650 which has been around since June, has been reached. So has long term trend resistance. Other projections point a little higher. That sets up an either/or binary situation. Here’s what to look for. Market Update Pro subscribers click here to download the report. Not yet a subscriber? Try…

Now 12 Longs and 16 Shorts On The Daily Trades List

I have added 3 longs and no shorts to the list today.  The selection algo generated 30 longs and 4 shorts.  As of Monday there will be 12 open longs and 16 open shorts. Here is today’s updated list including new buys, sells, short sales, cover shorts, and updated stops, as well as performance metrics for this month. Market Update…

Worst Liquidity Conditions Since 2008 Coming to a Market Near You

The Treasury issued $152 billion of net new supply in November. Surprisingly that did not cause a drop in stock and bond prices. Instead, dealers and speculators increased their short term borrowing that normally finances bond purchases, and instead shifted the cash to stocks. This is borrowing from the future for speculative profit today. These things typically don’t end well.…

Current Tax Data Shows US Suddenly on the Brink of Recession

Withholding tax collections plunged in the second half of November. This not only broke the year long uptrend in withholding, but has established a downtrend. After adjusting for wage inflation, the year to year comparison is barely positive. It means that the US is barely hanging above recession. Here’s what that means for monetary policy and stock market impacts. It…

Daily Trades List for December 6, 2017

I have added 4 shorts and no longs to the list today. The selection algo generated 2 longs and 26 shorts yesterday, ending the long side bias. Here is today’s updated list including new buys, sells, short sales, cover shorts, and updated stops, as well as performance metrics for this month. Market Update Pro subscribers click here to download the report.…

Daily Trades List for December 5, 2017

I have added 3 shorts and no longs to the list today. The selection algo generated 32 longs and 12 shorts so the bias is still there. But the longs were not ideal low risk entries. Most have already moved. The shorts have better entry setups. It doesn’t guarantee that they’ll play out, but we play the probabilities that lower…

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