THE GIST (“THE WHAT”) A better-than-feared CPI read sparked hopes that the Fed might be nearing its monetary tightening cycle, sending mega-cap Tech stocks higher and pushing the broader index to close today’s session with modest gains. Early session gains, however lost steam as investors digested the inflation read. But finding a strong support at (more…)
Results of Published Model Trades for WED 05/10 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 WED. 05/10 As we wrote in our published Trading Plans yesterday, “The CPI and the PPI releases this week are likely going to make investors contemplating over the basics of the markets – economy, inflation, interest rates, and, maybe, freshly obsess over potential recession.”. The post-CPI market action (more…)
