S&P 500 INDEX MODEL TRADING PLANS for FRI. 05/12 Other than the simmering regional bank crisis concerns whipsawing between the sentiments of relief and concern, 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 unravel (more…)
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…)
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…)
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…)
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…)
THE GIST (“THE WHAT”) Gapping down at the open, the index struggled to find direction, trading within a tight range on a low volume day ahead of key inflation reading tomorrow, closing at 4119.18, down 18.95 points (-0.46%). Debt ceiling standoff also weighed down on investor sentiment. Note: Our daily “S&P 500 Trading plan” will be (more…)
Results of Published Model Trades for MON 05/09 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 TUE. 05/09 With the earnings noise in the rear view mirror, markets are likely to go back to the basics this week. 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, (more…)
