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Thursday, 5 September 2013

US economic reports update

Unemployment Claims
Actual: 323K    Estimate: 332K    Previous: 332
Revised Nonfarm Productivity q/q
Actual: 2.3%    Estimate: 1.6%    Previous: 0.9%
Revised Unit Labor Costs q/q
Actual: 0.0%    Estimate: 0.9%    Previous: 1.4%

ISM Non-Manufacturing PMI
Actual: 58.6    Estimate: 55.2   Previous:  56.0
Factory Orders m/m        
Actual: -2.4%    Estimate: -3.4%    Previous: 1.5%

Sell S&P Futures- won

Sell S&P Futures around 1656 for 30 minutes expiration if it drops back
Result: won
Signal was posted at 9am EDT, S&P Futures expired @ 1652.62 at 9:30am EDT

Sell S&P Futures @ 1656

Sell S&P Futures around 1656 for 30 minutes expiration if it drops back
Resistance @ 1656

US economic events 5 September 2013

7:30am
Challenger Job Cuts y/y
Actual: 56.5%        Previous: 2.3%
8:15am
ADP Non-Farm Employment Change
Actual: 176K   Estimate: 175K   Previous: 200K    

8:30am
Unemployment Claims
Revised Nonfarm Productivity q/q
Revised Unit Labor Costs q/q
10:00am
ISM Non-Manufacturing PMI
Factory Orders m/m

Day 1
G20 Meetings

Free Binary Options Trading Signals monthly results: August 2013

Free Binary Options Trading Signals monthly results: August 2013
25 wins 6 losses (Doubles are counted as 2)
80.6% winning rate

Trade History
Hedge & sell S&P 500 (Double)- won   29/08/2013    
Buy S&P 500- lost   29/08/2013    
Sell JPM- won   28/08/2013    
Sell S&P 500- won   28/08/2013    
Buy Apple- won   28/08/2013    
Sell S&P 500- won   27/08/2013    
Sell S&P 500- lost   23/08/2013    
Buy Apple- won   23/08/2013    
Buy S&P 500- won   22/08/2013    
Buy S&P Futures- won   22/08/2013    
Sell S&P 500- won   19/08/2013    
Buy Cisco- won   16/08/2013    
Sell Wal-mart- won    15/08/2013
Sell S&P 500- won   15/08/2013
Sell Apple- won   15/08/2013
Sell JPMorgan- lost   15/08/2013   
Buy S&P 500- lost   14/08/2013     
Buy Apple- won   14/08/2013     
Buy S&P 500- lost   14/08/2013     
Buy Apple- lost   14/08/2013  
Buy S&P 500- won   13/08/2013    
Buy Apple- won   13/08/2013    
Buy Apple- won   12/08/2013    
Sell S&P 500- won   08/08/2013    
Buy S&P 500- won   08/08/2013    
Buy Apple- won   08/08/2013    
Buy Microsoft- won   08/08/2013    
Sell Amazon- won   07/08/2013
Buy Amazon- won   06/08/2013    
Buy AIG- won   02/08/2013

Buy GM- won

Buy General Motors around 35.0 for 4pm EDT end of day expiration
Result: won
GM closed @ 35.85


Wednesday, 4 September 2013

Buy GM @ 35.0

It seems that investors are favoring strong vehicle sales than concerns over Syria, so we'll follow the market for now
Buy General Motors around 35.0 for 4pm EDT end of day expiration
GM's vehicle sales beat expectations

Not safe to trade today

Not safe to trade today as S&P 500 went up, forming support around 1648-1650 & might still go up despite Syria worries & bad economic news
It might be setting up for a fall later, after attack on Syria is approved or confirmed

Trade Balance update

Trade Balance
Actual: -39.1B   Estimate: -38.7B   Previous: -34.2B

Stock Market Analysis

Obama administration officials are hinting that they might help arm Syrian rebels with weapons to take on rocket launchers which delivered those chemical weapons
However, there are doubts & concerns that arming violent Al-Qaeda extremists can bring any "peace & stability" as Obama stated
A missile strike has also not been ruled out, to punish Syria's use of chemical weapons
As Obama is gaining more support as planned, Russian president will consider approving Syria strike if there's solid evidence

As Syria strike becomes a stronger possibility, arming violent Al-Qaeda extremists becomes a concern & economic news worse than expected, stocks should go down today
Look to sell S&P 500 around 1640 if it drops back as it should stay below 1640
Even if S&P 500 breaks above 1640, there's still a strong possibility of it dropping below 1640 at the end of the day