Results of Published Model Trades for Tue 05/23 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…)
THE GIST (“THE WHAT”) The ongoing debt ceiling drama keeps the markets on the edge. Hawkish comments by Minneapolis Fed President Kashkari that interest rates could keep going higher for longer if inflation becomes more entrenched further dampened sentiment. Trading within a tight range during most part of the early trading session, the S&P 500 (more…)
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…)
THE GIST (“THE WHAT”) Logging its best week since March, the S&P 500 index closed the session slightly lower at 4191.99, down 6.07 points (-0.41%). Opening higher, then index pulled back amid reports that the debt ceiling talks seemed stalled once again. Dovish comments by Fed Chair Powell late afternoon, however, helped cap the day’s (more…)
Results of Published Model Trades for FRI 05/19 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 FRI. 05/19 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…)
THE GIST (“THE WHAT”) Markets continue to closely monitor the ongoing debt ceiling negotiations as the deadline approaches near, the S&P 500 index extended Wednesday’s gains to notch its highest level since August 2022 on hopes that a deal to avoid a catastrophic default could be reached by next week. The index broke out of (more…)
Results of Published Model Trades for THU 05/18 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…)