S&P 500 INDEX MODEL TRADING PLANS for THU. 07/20 Market action since yesterday’s close indicate the potential for the “Irrational Exuberance” prevailing for the last few months could begin to settle down to economic realities (“potential”, and “could” are the operative words there). This week’s earnings should shed some light on how the markets are (more…)
THE GIST (“THE WHAT”) Consolidating near 15-month highs, the S&P 500 index traded sideways ahead of mega-tech earnings. Bank stocks extended their gains in the wake of better than expected second quarter earnings results, while tech stocks gave up some of their recent gains following a strong recent rally. The index closed today’s choppy session (more…)
Results of Published Model Trades for Wed 07/19 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. 07/19 This week’s earnings should shed some light on how the markets are shaping up in the wake of the sticky inflation. With a quarter-point rate increase almost a given, the July FOMC meeting may be a non-event, and earnings could be the driving force for the (more…)
Results of Published Model Trades for Tue 07/18 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. 07/18 This week’s earnings should shed some light on how earnings are shaping up in the wake of the sticky inflation. With a quarter-point rate increase almost a given, the July FOMC meeting may be a non-event, and earnings could be the driving force for the next (more…)
THE GIST (“THE WHAT”) The S&P 500 index edged higher as investors digest second quarter earnings. Financials and technology stocks gain ahead of the next round of earnings this week. The index closed the session with a modest gain of 17.37 points (0.39%) at 4522.78. Note: Our daily “S&P 500 Trading plan” will be posted around (more…)
Results of Published Model Trades for Mon 07/17 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 MON. 07/17 The big banks have kickstarted the earnings season last Friday with JP Morgan and Wells Fargo, and are going to gain steam this week with other big names in Finance and Tech. This week should shed some light on how earnings are shaping up in the (more…)
THE GIST (“THE WHAT”) The S&P 500 index rallied at the open following strong second quarter earnings releases by big banks. The rally faded mid-session as investors digested an unexpected jump in the University of Michigan’s U.S. July inflation expectations indicator and hawkish comments by Fed officials. Erasing early session gains, the index closed slightly (more…)
