Results of Published Model Trades for Fri 06/23 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…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 06/23 In our trading plans for Fri. 06/16, we wrote: “The spectacular bull run of the last few weeks fueled by speculation around the Fed policies and, possibly, an epic short squeeze, could be consolidating in the week ahead”. This has played out as anticipated with yesterday’s (more…)
THE GIST (“THE WHAT”) Opening lower, the S&P 500 index managed to erase the day’s losses on the back of a rally in mega-cap tech stocks to close modestly higher. The index snapped its three-days losing streak to close the choppy session near day’s highs at 4381.89, up 16.20 points (0.37%). Note: Our daily “S&P 500 (more…)
Results of Published Model Trades for Wed 06/21 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. 06/21 In our trading plans for Fri. 06/16, we wrote: “The spectacular bull run of the last few weeks fueled by speculation around the Fed policies and, possibly, an epic short squeeze, could be consolidating in the week ahead”. This has played out as anticipated with yesterday’s (more…)
THE GIST (“THE WHAT”) The S&P 500 index opened the holiday-shortened week on a bearish note ahead of Fed Chair Jerome Powell’s testimony tomorrow, giving back some of the last week’s sustained gains that pushed the index to a 14-month high. The index, however, clawed back most of the early session’s losses to close modestly (more…)
Results of Published Model Trades for Fri 06/16 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 broke its six-day winning streak to close modestly lower by 16.25 points (0.37%) at 4409.60. The index, however, registered its longest winning streak of five straight weeks since November 2021 as markets cheered the Fed’s decision to pause its aggressive monetary tightening cycle following signs of slowing (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 06/16 The spectacular bull run of the last few weeks fueled by speculation around the Fed policies and, possibly, an epic short squeeze, could be consolidating in the week ahead. Weekly options expirations could be playing another factor today. The potential bull trap cautioned about by our (more…)
THE GIST (“THE WHAT”) The S&P 500 index extended gains for the sixth session in a row despite the hawkish Fed as yields slipped after May’s unemployment data showed signs of weakness, increasing the odds of an end in Fed’s monetary tightening cycle. The index notched a 14-month high, closing sharply higher by 53.27 points (more…)
