Today In the Market – Tue 08/29

THE GIST (“THE WHAT”) Posting a two-and-a-half week high, the S&P 500 index extended its recent gains, rallying sharply after weaker-than-expected economic releases bolstered the odds for the Fed to pause its rake hike campaign. All sectors traded higher, with mega-cap technology stocks leading the broader index higher as yields fell across the board. Note: Our (more…)

S&P 500 MODEL TRADING PLANS FOR TUE 08/29 – RESULTS

Results of Published Model Trades for Tue 08/29 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 TUE. 08/29 – Cautiously Bullish

S&P 500 INDEX MODEL TRADING PLANS for TUE. 08/29 As we wrote in our trading plans published yesterday, Mon. 08/28: “If we get a daily close above 4415 today then our models will flip to a moderately bullish bias. If not, they will continue to sport their bearish bias”. We got this confirmation with yesterday’s (more…)