Results of Published Model Entries and Exits for Thursday 05/02 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to (more…)
Consolidation to Continue Today China trade talks might be used to cheer the markets next week – but, till then nothing much to feed the bulls (barring some unexpected bullishness in the NFP release tomorrow). With the new highs established, economic news looking like non-events, investors appearing apathetic to geopolitical headlines, Fed seeming almost irrelevant (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 05/02” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 index pulled back from fresh new intraday highs to close sharply lower after the Federal Reserve Chairman Jerome Powell reiterated the central bank’s patient approach to monetary policy, further (more…)
Results of Published Model Entries and Exits for Wednesday 05/01 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade (more…)
Markets Appearing Skittish – Tread and Trade Carefully With the new highs established, economic news looking like non-events, investors appearing apathetic to geopolitical headlines, Fed seeming almost irrelevant (for now), earnings looking to be in a Goldilocks scenario…there “apparently” is not much that seem to excite the markets in one way or another. And, yet, (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 05/01” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) The S&P 500 index managed to eke out slight gains to close at fresh all-time high for the third consecutive session as strong gains in defensive sectors helped offset major declines in Communication (more…)
