THE GIST (“THE WHAT”) As the clock keeps ticking towards the June 1 ‘hard deadline’, investors closely monitor the ongoing debt talks. A failure to raise the debt ceiling could trigger the U.S. government default and could be catastrophic for the economy. The S&P 500 index closed a very choppy session mostly flat at 4192.63, (more…)
Results of Published Model Trades for MON 05/22 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 MON. 05/22 Our stance last couple of weeks has been: “Our models are indicating an initial bias towards an inflection point coming soon. Barring any unexpected bullish development showing up on the horizon, chances are that this could be unwinding to the downside”. Looks like potentially arriving at (more…)
