S&P 500 TRADING PLANS for Today, THU 08/22

Powell in Hole, Esther on Accommodation, Yields in Inversion… Fed Chair Powell’s speech at Jackson Hole tomorrow is going to be watched very keenly and parsed feverishly, and can set the tone of the trading for the next week. Kansas’ Fed Esther’s comments that July rate cut was “not necessary” could be setting the tone (more…)

RESULTS of MODEL TRADES for WED 08/21

Results of Published Model Trades for WED 08/21 (08/22/19 2:48 pm: Edited the results numbers to add one more losing long, with a 3.00 point loss, which we missed when published originally. Thank you to an astute reader for helping us catch the slip – your support and keen eye and feedback helps us make (more…)