Today In the Markets – Wed 08/09

THE GIST (“THE WHAT”) Interest rate sensitive mega-cap stocks were sold-off ahead of crucial inflation data, sending the broader market lower. Selling intensified during the last hour of the rollercoaster session. The S&P 500 index closed the session near day’s lows at 4467.71, down 31.67 points (-0.70%). Note: Our daily “S&P 500 Trading plan” will be (more…)

S&P 500 MODEL TRADING PLANS FOR WED 08/09 – RESULTS

Results of Published Model Trades for Wed 08/09 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…)

Trading Plans for WED. 08/09: Markets Searching for a Direction – Day 2

S&P 500 INDEX MODEL TRADING PLANS for WED. 08/09 With the Fed and Interest Rates not burning issues anymore (at least for now), 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 (more…)