THE GIST (“THE WHAT”) Erasing this week’s losses and shrugging aside weaker-than-expected economic data, the S&P 500 index (SPX) rallied sharply in its best day since January 2023, on the back of solid quarterly results posted by Meta, closing the day at session highs at 4135.35. Note: Our daily “S&P 500 Trading plan” will be posted (more…)
Results of Published Model Trades for THU 04/27 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…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 04/27 Yesterday evening’s strong earnings from Meta seems to be adding to the tone of impressive earnings from Microsoft, Google, McDonalds, and Chipotle that all seem to demonstrate that major firms have pricing power to absorb the inflationary pressures. Continued big tech earnings momentum into the next (more…)
