M6 Market Outlook for Wednesday...05.09.17

As the markets go nowhere on low volume and with low volatility the current M6 signals are both in Stopped mode.  For now we're in a wait and see mode...for what?....good question ...as recent geopolitical and domestic policy actions seems to have left the markets unfazed.

M6 Market Outlook and Ponzo Updates....05.08.17

Both vested M6 positions were modest losers today and only the M6 mean reversionn model is vested for Tuesday....as shown below.
The current Ponzo updates aren't all that divergent...except for the VIX outlook...which is downright scary and reflects a complete collapse of our current abnormal low volatility VIX readings...,<10.

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M6 Monday Market Outlook and More....05.06.17

Monday's market action will undoubtedly be a response to the French election on Sunday with no clear winner odds despite the French suppression of hacked emails which might likely sway the outcome.  M6 is taking a risk on approach in both models for Monday contrary to the currently bullish Trader's Outlook .
I've also attached  a few files from the latest State Street Advisors' monthly chart pack .... the last one suggesting this level of volatility complacency is due for breakout.

M6 Friday Market Outlook...05.04.17

Another STOPPED day going into Friday in both models.  So far the M6 risk pivot risk filter has done a great job of keeping us from drawdown days.  This has held true even though opening market dynamics appear to contradict the M6 odds and then fall into sync with the signal by the time the close rolls around.
Despite the House passage today of OBC repeal the effect on the markets may be negligible.
The French election on Sunday will be the catalyst for next week's action and we're still expecting risk off selling into Friday,s close.

M6 Thursday Market Outlook....05.03.17

Following some sell on the news distributions today the odds are to the downside and both the momentum and mean reversion models are in STOPPED positions. AGG looks enticing but a vesting at this technical juncture is a leap of faith.  FB earnings come out after the close which may change the mood in the morning but expect selling into Friday's close as the French election is Sunday and Le Pen is surging in the polls with expected market consequences completely up in the air.

M6 Wednesday Market Outlook....05.02.17

M6 was able to register 2 new winners today with QQQ and XLU despite our concerns for the STOP alert rolling over in both mode models.
Today's closing signals are in stopped positions and that may be likely considered APPLE's miss after the close.
Keep in mind all M6 signals are generated based 100% on technical analysis algorithms with no regard to news, earnings, the FED, Kim Jong-on or any other non technical persons, factors or events.

M6 Tuesday Market Outlook....05.01.17

Markets kick off May with one Hell of a rally with QQQ on steroids, making the M6 picks for today BIGLEY winners..  That's 10 signals in a row that have accurately predicted a favorable risk/reward outlook.  Of particular note in this devil may care risk on trading environment...the VIX swung into the 9s today....the first time since 2007....that's right 2007.
For tomorrow the Qs and XLU are our vested positions although the STOP alerts have turned down in both modes and vested positions are in danger of being stopped out.
Note:  AMD missed in after hours taking it down almost 10% but FB reports on the 3rd....with great expectations.