Today In the Markets – Tue 05/16

THE GIST (“THE WHAT”) Debt ceiling stalemate ahead of a looming deadline continued to weigh down on the broader market sentiment. Trading sideways in a tight range for most part of the session, the S&P 500 index closed the choppy session at day’s lows at 4109.89, down 26.38 points (-0.64%). Note: Our daily “S&P 500 Trading (more…)

S&P 500 MODEL TRADING PLANS for TUE 05/16 – RESULTS

Results of Published Model Trades for TUE 05/16 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…)

Markets Continue Searching for a Direction

S&P 500 INDEX MODEL TRADING PLANS for TUE. 05/16 Other than the occasionally simmering regional banks concerns and the knee-jerk reactions around the debt ceiling talks, there does not appear to be much for the markets to go by these days. The depressed VIX could be pointing to potential complacency in the markets that could (more…)