Today In the Market – Thu 09/21

THE GIST (“THE WHAT”) Gapping lower at the open following last two day’s intense sell-off, the S&P 500 index extended losses amid growing prospects of interest rates staying higher for longer. The sell-off gained momentum in the final hour of the session as the index gave up its 100 DMA and closed near day’s lows (more…)

S&P 500 MODEL TRADING PLANS FOR THU 09/21 – RESULTS

Results of Published Model Trades for Thu 09/21 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 THU. 09/21 – Market Bull Goldilocks No More

S&P 500 INDEX MODEL TRADING PLANS for THU. 09/21 As our daily trading plans reinforced before the FOMC meeting yesterday: “…any indications of the Fed potentially pivoting to “being done” can spark a frenzied rally in the coming weeks but any unexpectedly hawkish indications could further accelerate the downward push. Nobody has the crystal ball (more…)