August 4th Market Session Radar Report
Helping traders and investors add patience to their risk management process I ChatGPT+IBKR Automated Trading Guide I Trader Tax Status Guide I Futures, stocks, bonds, commodities, currencies, crypto
Thank you for subscribing, and welcome to today’s report for the August 4th market session.
Please comment below with any questions or ideas. All subscriber tiers automatically receive the next report every market day around 5:45 PM ET for the following day’s session.
Not a recommendation or endorsement I Not investment advice
Radar Forecast for the August 4th Market Session
Reports available to all subscriber tiers
The S&P Sectors Weather Report- Tracks the 11 sectors (ETFs) of the S&P 500.
· Traders— Expecting winds to move north to south with a wind speed of around 7 ticks per candle, and air pressure of around 63.6 points per figure.
Radar Readout: Headwinds: 7 | Tailwinds: 1 | Roost: 3
· Investors— Visibility is 27.3%. Roost and wait for a clearer flight path.
Radar Readout: Headwinds: 2 | Tailwinds: 1 | Roost: 8
The Currencies and Global Markets Weather Report— Tracks the US Dollar, five other currencies, and over 50 countries (ETFs) across the globe.
· Traders— Expecting winds to move north to south with a wind speed of around 39 ticks per candle, and air pressure of around 66.1 points per figure.
Radar Readout: Headwinds: 39 | Tailwinds: 1 | Roost: 19
· Investors— Visibility is 25.4%. Roost and wait for a clearer flight path.
Radar Readout: Headwinds: 14 | Tailwinds: 1 | Roost: 44
Reports exclusive to subscribers who financially support our work
The US Futures Weather Report— For traders and investors using futures to generate daily returns or hedge equity exposure. Tracks ES_F, NQ_F, YM_F, and RTY_F.
· Traders— Expecting winds to move north to south with a wind speed of around 4 ticks per candle, and air pressure of around 100.0 points per figure.
Radar Readout: Headwinds: 4 | Tailwinds: 0 | Roost: 0
· Investors— Visibility is 0.0%. Roost and wait for a clearer flight path.
Radar Readout: Headwinds: 0 | Tailwinds: 0 | Roost: 4
The US Market Weather Report— For traders and investors looking to maximize profits. Tracks 100+ US listed assets, including stocks (SPY NVDA), bonds (TLT LQD), commodities (GLD COPX), currencies (UUP FXY), and crypto (IBIT ETHA).
· Traders— Expecting winds to move north to south with a wind speed of around 82 ticks per candle, and air pressure of around 47.1 points per figure.
Radar Readout: Headwinds: 82 | Tailwinds: 29 | Roost: 63
· Investors— Visibility is 23.6%. Roost and wait for a clearer flight path.
Radar Readout: Headwinds: 22 | Tailwinds: 19 | Roost: 133
Model Portfolios— For traders and investors who prefer a hands-on approach instead of waiting for a portfolio rebalance window.
· Includes seven (7) pre-defined portfolios that you maintain complete control over. Pair with what ever broker or platform you use today.
Click here for FAQs, and to download examples and see what’s covered in the Futures Weather Report, US Market Weather Report, and Model Portfolios.
Open the Weather Reports to see potential launch points
Disclaimer: Little Bird Trading and any of its associations may or may not, whether long or short, have a position in any instruments. Not investment advice. Provided for informational purposes only. Not a recommendation or endorsement. Not registered or licensed. Model portfolios are property of their respective owners. All data is sourced from publicly available information.
Additional Subscriber Resources
How To: Build Automated Trading System with ChatGPT and the Interactive Brokers API
Includes screenshots and downloadable Python code: Here
Trader Tax Status (TTS) Guide
For established and new Traders. Includes a downloadable example mark-to-market (MTM) spreadsheet and trading log: Here
Perch Observations
General observations and commentary from the Little Bird Trading team: Here
The Little Bird Trading Web App
For Apple and Android devices: Here
Not a recommendation or endorsement I Not investment advice
Please consider a paid subscription to support our work—and a big thank you to our subscribers who already do.
Not a recommendation or endorsement I Not investment advice
About Little Bird Trading and How to Leverage Our Services for Your Trading and Investing
Little Bird Trading helps traders and investors with the most important part of their risk management process: patience
Our radar tracks the current Tailwinds (longs/buys) and Headwinds (shorts/sells) of 100+ assets to spot a potential launch point (Mark), or to wait (Roost) for a clearer flight path.
Reports cover two flight times
· Traders— Typically holding positions for days to weeks.
· Investors— Typically holding positions for months to years.
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Not a recommendation or endorsement I Not investment advice
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