THE GIST (“THE WHAT”) Struggling for direction and trading mostly sideways ahead of the key economic data this week, the S&P 500 index closed today’s choppy session mostly unchanged at 4376.85, down 1.55 points (-0.04%). Defensive utilities were the biggest laggard amid expectations of rising interest rates following hawkish comments by Fed Chair Powell. Note: Our (more…)
Results of Published Model Trades for Wed 06/28 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. 06/28 Our models indicate choppy trading with no directional momentum until PCE release later this week. Depending on the number, it may bring inflation and interest rates back onto the market radar, with downside pressure added on the markets, which could crescendo into the FOMC meeting next (more…)
