S&P 500 INDEX MODEL TRADING PLANS for TUE. 07/11 Markets are waiting to see and digest the inflation numbers and then the kick-off of earnings season. If early earnings show any unexpected weakness (“unexpected” is the key word there), then we might have seen an interim top; but, if the earnings appear to be on (more…)
THE GIST (“THE WHAT”) Oscillating around the 4400 level, the S&P 500 index traded sideways within a tight range as investors keenly look forward to the start of the second quarter earnings season and crucial inflation data releases this week to gauge the Fed’s interest rate path. The index managed to eke out moderate gains (more…)
Results of Published Model Trades for Mon 07/10 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. 07/10 Markets seem to be searching for a direction, getting ready for the earnings season to kick off later this week. If early earnings show any unexpected weakness (“unexpected” is the key word there), then we might have seen an interim top; but, if the earnings appear (more…)
Results of Published Model Trades for Fri 07/07 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. 07/07 The divergence between yesterday’s ADP payrolls numbers and this morning’s Non-Farm Payrolls numbers is giving the optimists on the markets dreams of the Goldilocks scenario (aka “soft landing” or “softish landing”) to unfold, while the pessimists on the markets are fretting over potential slowdown and the (more…)
THE GIST (“THE WHAT”) Extending previous session’s decline, the S&P 500 index fell at the open following stronger-than-expected U.S. employment report and ISM services data that reinforced the hawkish Fed outlook of an aggressive monetary policy. Finding support at the day’s low of 4385.05, the index however bounced back to claw back some of the (more…)
Results of Published Model Trades for Thu 07/06 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 THU. 07/06 The FOMC meeting minutes released yesterday, and the ADP jobs numbers this morning, and the consistent Fed speak…all point to more interest rate hikes (albeit at a slower pace) ahead and the rising yields are showing that the bond markets are bracing for that scenario. (more…)
THE GIST (“THE WHAT”) The S&P 500 index closed the muted session modestly lower at 4446.81, down 8.77 points (-0.20%). Hawkish FOMC meeting minutes pushed yields higher and stocks lower. Weaker-than-expected economic data out of U.S. and China further dampened market sentiment ahead of key economic data releases this week. Note: Our daily “S&P 500 Trading (more…)
