Tag: Strategy

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.

Commentary from this past week includes:

Which means the Euro can move higher.

Which means the US dollar can move lower.

Which means that the S&P 500 can move higher.

Bonds continue to break down from monthly and weekly supply above.

Gold

In Part 4, which was written one week ago, I talked about how price finally closed above the red glass ceiling, but closed the week below the major resistance level.

Will The S&P 500 Make All-Time New Highs In 2019??? – Part 4

Fast forward one week and price not only took out last weeks high, but is now sitting in the daily demand at 288. This is the level I have been eyeing for the last two months.

April has been the kindest month for stocks over the past 20 years. Since 1999, the S&P 500 has risen 1.7%

Eight months ago, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that the likelihood of the 10-year U.S. Treasury yield reaching 5 percent was “a higher probability than most people think.” Presumably, that was based on solid economic growth and further interest-rate increases from the Federal Reserve and other central banks.

But it’s nevertheless noteworthy to see him backtrack now that 10-year yields have dropped to 2.5 percent and a much-watched portion of the curve has inverted for the first time since before the last recession. From his letter:

“10-year bond spreads have been suppressed in some way by the