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The Daily Market Information (DMI) (Oct. 22, 2018, Monday)II

Summary

Stocks Climb After China rally; Pound Turns Lower: Markets Wrap.

Oil Holds Below $70 as Rising U.S. Drilling Eases Supply Concern.

Chinese Stocks Rally Most Since 2016 as State Steps Up Support.

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) (Oct. 22, 2018, Monday)

Bloomberg

Stocks Climb After China rally; Pound Turns Lower: Markets Wrap https://www.bloomberg.com/news/articles/2018-10-21/asia-stocks-face-mixed-start-china-rally-in-focus-markets-wrap?srnd=markets-vp

Oil Holds Below $70 as Rising U.S. Drilling Eases Supply Concern https://www.bloomberg.com/news/articles/2018-10-22/oil-trades-near-69-as-u-s-drilling-climbs-to-three-year-hig

Chinese Stocks Rally Most Since 2016 as State Steps Up Support https://www.bloomberg.com/news/articles/2018-10-22/chinese-stocks-extend-friday-s-gains-as-officials-voice-support?srnd=markets-vp