Free Stock Market Research Report by Jason Ng, the man behind The Star Trading System (one of the best option trading systems)

The Star Trading System continues to be bearish on the market with a ton of bearish stars again. The recent volatility has made it extremely hard for us to enter on stocks which actually performed as predicted by the Star Trading System. Let’s see if anything qualifies for entry today.

The Dow’s going sideways, US dollar’s going sideways, Oil’s going sideways, Gold’s going sideways… everything’s going sideways lately as markets seem to fall into a sort of limbo. Is this the fabled calm before the storm? If so, which direction would the storm be? Upwards or Downwards? Yes, obviously a lot of learned traders are providing extremely strong support by buying into the high (peak?) unemployment rate with reference to the rebound on peak unemployment rate during the last crisis. This has certainly helped stem the last of the bears and profit takers. Tomorrow’s Veterans Day, which is a public holiday, but stock market’s still open for trading. Certainly a lot of risk takers and opportunity seekers would actually be home staring at the stock market and probably taking some action.

The Dow continues to be in a intermediate term neutral trend within a primary bear trend.

Star Trading System’s Thought For The Day : "Always Respect The Market"

Free Stock Market Research Report by Jason Ng, the man behind The Star Trading System (one of the best option trading systems)

The winter chills are here at last. Will it cool down all the hot heads in wallstreet? Last week was a week with plenty of opportunities which did move in the predicted direction of the star trading system but denied us entry due to the early hour volatility. Volatility creates uncertainties and the Star Trading System is designed to avoid uncertainties so that we don’t risk our money on anything but the best signals under the best conditions.

Last week’s unemployment number really came in multi-year high at 6.5% as I expected and the stock market really did rise on that news, again, as expected.
Did last Friday’s surge do anything for the market trend? Sadly, no. The Dow continues to be in a short term neutral trend within a primary bear trend. Nothing changed. However, such a resilience in the face of such high unemployment rate did get me worried. Capitulation in the unemployment number usually do not suggest that the stock market is going lower but HIGHER! Yes, in fact, the stock market turned right up and never looked back when unemployment peaked at 6.3% during the last crisis. Is it time for the stock market to start pricing in a recovery? Is 6.5% unemployment rate the peak for this crisis? These are the most important questions to try to answer within the next 2 weeks in order not to miss a bottom. So, is the stock market going to still make a new low and a final capitulation like I predicted? That prospect would get rather shaky if 6.5% unemployment rate is indeed the new peak. Either way, I would say that there is now little money to be made with a lot of uncertainty if anyone wants to be newly bearish right now. The money have been made for the bears and its time to look for bullish opportunities instead.

Star Trading System’s Thought For The Day : "Every Morning Marks A Brand New Beginning"