TRADERSAI - A.I. Powered Model Trades for Today, MON 07/22
Rates Trump Earnings or Rates, Trump, and Earnings?
As the earnings season is kicking into gear, the talk of impending economic slowdown and the calls for rate cuts (as deep as 50 basis points) are morphing from a background noise to a clamor.
History shows that the interest rates trump the earnings weakness or any other market fundamentals. And, that there are a lot of political factors that actually drive the interest rates decisions (instead of, and/or in addition to, economic factors). This time around also, whether rates trump earnings or not, the next few weeks are going to be all about Rates, Trump, and Earnings.
Regardless of your views or analyses, do not forget to account for those three factors in your trading strategies...especially if you are leaning towards betting on shorting the market. Despite Friday's pullback, it stopped right at key support levels and unless the 20DMA and a couple of other supports are broken down, the market is still NOT showing any bearish bias, even slightly. Read the full article on our website for our models' trading plans for the day.
The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site.
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #Powell #Rates #Earnings
As the earnings season is kicking into gear, the talk of impending economic slowdown and the calls for rate cuts (as deep as 50 basis points) are morphing from a background noise to a clamor.
History shows that the interest rates trump the earnings weakness or any other market fundamentals. And, that there are a lot of political factors that actually drive the interest rates decisions (instead of, and/or in addition to, economic factors). This time around also, whether rates trump earnings or not, the next few weeks are going to be all about Rates, Trump, and Earnings.
Regardless of your views or analyses, do not forget to account for those three factors in your trading strategies...especially if you are leaning towards betting on shorting the market. Despite Friday's pullback, it stopped right at key support levels and unless the 20DMA and a couple of other supports are broken down, the market is still NOT showing any bearish bias, even slightly. Read the full article on our website for our models' trading plans for the day.
The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site.
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
(iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
#ES #ESMINI #SP500 #SPX #SPY #Fed #Powell #Rates #Earnings
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From The CFA Institute:
tradersai.com/14625-2/
blogs.cfainstitute.org/investor/2022/12/15/what-can-ai-do-for-investment-portfolios-a-case-study/
Join our substack: tradersai.substack.com/
From The CFA Institute:
tradersai.com/14625-2/
blogs.cfainstitute.org/investor/2022/12/15/what-can-ai-do-for-investment-portfolios-a-case-study/
Join our substack: tradersai.substack.com/