Results of Published Model Trades for FRI 07/31 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Earnings to Catapult the Index Out of the Range? The blowout earnings from the big tech companies after hours yesterday, while impressive, may not necessarily indicate any reprieve for the main street as millions of jobs are disappearing and the GDP is shrinking. Our models are looking for a daily close above 3260 today AND...
Results of Published Model Trades for THU 07/30 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Yeah, Still Stuck within the Range! Despite what might appear as “the sky is falling down” kind of news about the GDP and the economy, and despite what might feel like a barrage of “market moving headlines”, the S&P 500 Index is still stuck within the 3200-3250 range that our models have been publishing for...
Results of Published Model Trades for WED 07/29 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Lack of Leadership Ailing the Markets Lack of leadership ails the markets and keeps them stuck in a directionless choppy range – just like it does to the progress of any nation – as we have been witnessing for the last many sessions. As we wrote in our trading plans last Friday: “For a break...
Results of Published Model Trades for TUE 07/28 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Got Unstuck, Yet? As we wrote in our trading plans last Friday: “For a break down to the downside to manifest, we need a close below 3235 today, AND a close below 3200 on Monday”. Shorts should avoid the temptation to get into directional shorts while above 3200 on a daily close basis. Longs should...
Results of Published Model Trades for MON 07/27 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Stuck in a Range? Our trading plans last Thursday mentioned: “With so much turmoil going on in the nation, the markets are flirting with making a new high but struggling to reach there. 3245-3275 is the key range that determines which way the S&P 500 Index could break out”. After closing below 3245 and with...
