Pro Trader Latest Reports for Subscribers

Big TBAC LOL is No Joke – Treasury Supply Will Be A Long Running Disaster

The TBAC has told us to pay no attention to its quarterly supply schedule forecasts. No wonder. They just underestimated February supply by over $100 billion. And the numbers for the rest of the first quarter and the second quarter are so scary, they don’t want us to look. Here’s what this means for the Treasury market and for stocks.

Daily Swing Trades List for Wednesday, February 21

I have added no longs and 1 short to the list for Wednesday. After closed trades there will be 11 longs and 6 shorts on the list. I have tightened stops on the longs as key support levels and inflection points become apparent. New short picks need a little wiggle room to make initial moves before establishing stops. Including open…

Multiple New Trades Being Added to Daily Swing Trades List For Tuesday 2/20/18 Sets Us Up For Next Big Market Move

The list’s current performance is weaker than the past couple of weeks. That is entirely due to 5 trades put on since Wednesday that haven’t had a chance to develop yet. Obviously, going the right way is not guaranteed, but the new trades need time play out. That will also be true of the 4 short picks to be added…

Posts from Other Publishers

Why the Most Bullish Guy on Wall Street Is Sweating a 0.057% Move

Shah Gilani has been one of the most consistently bullish, enthusiastic voices on Wall Street.

He’s correctly called plenty of the Dow’s upward milestones, too.

Long term, that hasn’t changed, but in the immediate future – as in, “any day now” – one tiny move could create some serious contagion.


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The post Why the Most Bullish Guy on Wall Street Is Sweating a 0.057% Move appeared first on Money Morning – We Make Investing Profitable.

Trump’s Tax Cuts Are “Hiding” This Critical Stock Prediction

Federal tax collections data gives us a leg up on the market, because it tells us what to expect when the lagging economic data indicators are released later. That puts us ahead of the crowd, which is waiting for biased Wall Street pundits to interpret already stale, manipulated data, when it’s finally released. Meanwhile we already know what the facts are.

Tax data has told us whether the lagging economic indicators are promoting a false narrative. Thanks to statistically massaged data, and deliberate, or unknowing misinterpretation by the talking heads, that can go on for months. But we know the facts.

More importantly perhaps, the tax data has told us what the Fed will be seeing when it gets the lagging economic data. That helped us to know whether incoming economic data will keep the Fed on track or not.

Now, however, the picture has gotten fuzzy. The big tax cuts enacted into law at the end of 2017 have begun to impact tax collections. That makes it virtually impossible to analyze year to year changes on a like versus like basis. It will be several months, and perhaps the whole year, before we can make these year to year comparisons in a way that reflects the actual trend of the US economy.

In other words, Trump’s tax cuts are hiding the “big picture” right now when it comes to market predictions.

But fortunately, there’s another “bonus” indicator that tells us what’s going on…

The post Trump’s Tax Cuts Are “Hiding” This Critical Stock Prediction appeared first on Lee Adler’s Sure Money.

Not At All The Inflation They’ve Been Hoping For

The National Association of Realtors is confused. The trade group for real estate professionals and salespeople just reported a significant drop in the level of resales for January 2018. After peaking at an annual pace of 5.72 million (revised) in November, existing home sales declined to 5.56 million (revised) in December and now just 5.38…