THE GIST (“THE WHAT”) Moody’s lowered credit ratings for ten small and medium sized banks, reigniting health concerns of U.S. banks and triggering a sell-off in regional stocks that lead the broader market lower. Weaker-than-expected China’s export numbers stoked global recessionary concerns, further dampening sentiment at the open. The S&P 500 index tumbled during the (more…)
Results of Published Model Trades for Tue 08/08 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. 08/08 With the Fed and Interest Rates not a burning issue anymore, with major earnings mostly in the rear view mirror, markets are struggling to find a direction and a relevant factor to latch onto. Currently, there doesn’t appear to be any specific factor driving the markets (more…)
