Long Only, Momentum
Contributor Since 2010
The DMI (Daily Market Information)
“Traders should take an advantage from the market volatility only if we can get a right guide. My approach of the guide is a top-to-bottom, starting macroeconomic views, and updating daily TANER System: The Daily Market Information (7 days a week), The Daily TANER Momentum ETF Model (M), The DTM Schwab Model (T), The DTM Rotation Model (W), The DTM Vanguard Model (TH), and The DTM Stock Model (F)” (From The Outstanding Records of Investing and Trading…in 2016: Would The Strategy Prevail in 2017 Too? http://seekingalpha.com/instablog/791632-o-young-kwon/4940104-outstanding-records-investing-trading-etfs-2016-strategy-prevail-2017
My focus is primarily on news about two areas: The Fed policy and Business Cycles. These are macro topics. DMI is a summary of what I listen to BBR, and read WSJ, Reuters, Bloomberg, AP, and Barons (weekend) from 5:a.m. to 7:00 a.m. everyday.
With this information and the RED Spread (introduced in my article. Link: www.seekingalpha.com/article/817551) you can grasp the current market situation
The Daily Market Information (DMI) (May 8 2018, Tuesday)
Reuters
Fed officials say price pressure rising but no need to shift rate path Fed officials say price pressures rising but no need to shift rate...
U.S. oil surges past $70, dollar hits fresh 2018 high Asia shares lag Wall Street amid dollar strength
NAFTA talks resume amid fears of ‘zombie’ deal NAFTA talks enter critical week with U.S. still pushing hard line
The Daily Market Information (DMI) (May 7 2018, Monday)
Bloomberg
Dollar Edges Higher With Stocks; Oil Extends Gain: Markets Wrap Asian Stocks Mixed at Open; Dollar Pares Gains: Markets Wrap
EU Considers Trade Quotes to Settle U.S. Tariff Threat EU Considers Trade Quotas to Settle U.S. Tariff Threat
ECB Warns on Trade Tensions as Euro-Zone Economy Falts Again German Factory Orders Slide in Latest Sign of Euro-Area Weakness