S&P 500 MODEL TRADING PLANS for THU 05/11 – RESULTS

Results of Published Model Trades for THU 05/11 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…)

Today In the Markets – Thu 05/11

THE GIST (“THE WHAT”) The S&P 500 index remains range bound, stuck between 4100 and 4185 as markets navigate through an unchartered territory of rising interest rates, sticky inflation and a looming U.S. debt crisis. Trading directionless within yesterday’s range, the index closed slightly lower at 4130.63, down 7 points (-0.71%). Note: Our daily “S&P 500 (more…)

PPI Data a Yawn – Regional Banks Likely to Drive the Markets Today

S&P 500 INDEX MODEL TRADING PLANS for THU. 05/11 As we wrote in our published Trading Plans yesterday, “The post-CPI market action so far is underwhelming at best – looks like the markets are waiting for a confirmation from the PPI release tomorrow”. The post-PPI data this morning proved to be even more of a (more…)