THE GIST (“THE WHAT”) Extending previous session’s gains, the S&P 500 index consolidated near 14-month highs, closing the choppy session at 4369.01, up 30.08 points (0.69%). The keenly awaited CPI data for the month of May suggested that the headline inflation rose by a less-than-estimated 4% on a year-on-year basis, primarily due to declines in (more…)
Results of Published Model Trades for Tue 06/13 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. 06/13 With the post-CPI spike and the subsequent early session market action, our models are flashing potential for a bull trap ahead, possibly once the “fed pause” becomes official tomorrow. As we first stated to start this week, if you are a bull, it may be prudent (more…)
