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The Daily Market Information (DMI) (May 8 2018, Tuesday)

Summary

Fed officials say price pressure rising but no need to shift rate path.

U.S. oil surges past $70, dollar hits fresh 2018 high.

NAFTA talks resume amid fears of ‘zombie’ deal.

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 (NYSE:M), The DTM Schwab Model (NYSE:T), The DTM Rotation Model (NYSE:W), The DTM Vanguard Model (NASDAQ:TH), and The DTM Stock Model (NYSE: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

Investing is a zero-sum game, meaning when one guy gains, the other guy must lose. In order to win, what must we do? The DMI might help you to have an edge over the other guys. There is too much market information on SA, TV, Newspapers, magazines, etc. The problem is there is too much info to absorb. That's why DMI is brief and well-selected.

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