Today In the Market – Mon 08/28

THE GIST (“THE WHAT”) Building on Friday’s gains, the S&P 500 index closed today’s choppy session with a modest gain of 27.60 points at 4433.31, up 0.63% over the previous session. As yields edged lower following Fed Chair Jerome Powell’s cautious but hawkish comments, all sectors except Utilities traded higher. Technology and communication services sectors (more…)

S&P 500 MODEL TRADING PLANS FOR MON 08/28 – RESULTS

Results of Published Model Trades for Mon 08/28 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 MON. 08/28 – 4400 Breakout Confirmation Today?

S&P 500 INDEX MODEL TRADING PLANS for MON. 08/28 As we wrote in our trading plans published Thu. 08/24: “It remains to be seen if this morning’s surge above 4400 will be convincing enough for our models to abandon the bearish bias by tomorrow”. On Friday, 08/25, we wrote: “Based on the early session action, (more…)