Could Donald Trump become President? You would have to say; he is trending higher – but I still don’t see it:
To be fair – need to throw some shade the Clinton’s way:
This Election really comes down to a choice between an Idiot and a Crook – nobody is voting on the issues – just voting against the more hated candidate – really sad.
Markets are down hard so far this week – but trying to rally today – here are the numbers:
The following table is based on the Z Option Market Analysis Tool – which determines if a market is trending by assigning a trending score from -3 to +3. This helps us keep our trading with the trend.
Symbol | Description | Short Term Trend | Medium Term Trend |
$DJI | Dow Jones Industrial Average | -3 | -3 |
SPX | S&P 500 INDEX | -3 | -3 |
RUT | RUSSELL 2000 INDEX | -3 | -3 |
NDX | NASDAQ-100 INDEX INDEX | -3 | -2 |
VIX | CBOE MARKET VOLATILITY INDEX | 3 | 3 |
/ZB[Z6] | 30-Year U.S. Treasury Bond Futures,ETH | -3 | -3 |
/ZN[Z6] | 10-Year U.S. Treasury Note Futures,ETH | -3 | -3 |
/GC[Z6] | Gold Futures, ETH | 3 | -1 |
/CL[Z6] | Light Sweet Crude Oil Futures,ETH | -3 | -2 |
/DX[Z6] | US Dollar Index Futures | -2 | 1 |
$DJT | Dow Jones Transportation Average | 3 | 3 |
XLK | SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT INDEX | -3 | -2 |
XLI | SELECT SECTOR SPDR TRUST INDUSTRIAL SELECT INDEX | -3 | -3 |
XLY | SELECT SECTOR SPDR TRUST CONSUMER DIS SELECT INDEX | -3 | -3 |
XLB | SELECT SECTOR SPDR TRUST MATERIALS SELECT SEC INDEX | -3 | -3 |
XLE | SELECT SECTOR SPDR TRUST ENERGY SELECT INDEX | -3 | -2 |
XLP | SELECT SECTOR SPDR TRUST CONSUMER STAPLES INDEX | -3 | -3 |
XLV | SELECT SECTOR SPDR TRUST HEALTH CARE SELECT INDEX | -3 | -3 |
XLU | SELECT SECTOR SPDR TRUST UTILITIES SELECT INDEX | -3 | -3 |
XLF | SELECT SECTOR SPDR TRUST FINANCIAL SELECT SECTOR FUND | -2 | 1 |
Any market showing a 3 or a -3 is trending strongly – and should be factored into any options strategy you are contemplating.
Both Stocks and Bonds have been trending down – and there seems to be some correlation with Donald Trump’s pole numbers for the Presidential Election – but I would not try to make a Macro call on this, just to hard.
Extra – Japan Loves Robots:
- Bloomberg – Hello World: Japan Hearts Robots
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