Today In the Markets – Fri 06/02

THE GIST (“THE WHAT”) Extending previous session’s gains, the S&P 500 index rallied on the back of a hotter-than-expected jobs report that crushed all expectations, closing sharply higher at 4282.38, up 61.37 points (1.45%). Resolution of the debt-ceiling showdown, coupled with a surprisingly robust jobs report boosted the broader index to hit its highest level (more…)

S&P 500 MODEL TRADING PLANS for FRI 06/02 – RESULTS

Results of Published Model Trades for Fri 06/02 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…)

Pivoting to Jobs, Inflation, and Interest Rates?

  S&P 500 INDEX MODEL TRADING PLANS for FRI. 06/02 We started last trading week with our trading plans on Monday titled: “Debt Ceiling Deadline Likely to Whipsaw the Markets”, and these words: “Expect the approaching debt ceiling deadline to attract both bulls and bears to heightened speculation, resulting in some whipsaw movements until the (more…)