Results of Published Model Entries and Exits for Wednesday 05/22 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to (more…)
Directionless Trading to Continue The directionless trading conditions appear to persist in the markets. Today’s FOMC meeting minutes’ release feels like a non-event as the Fed seems to be losing its relevance in the current administration. Caution is advised against going short while the index is above 2848 and going long while under 2875. Below, you (more…)
Results of Published Model Entries and Exits for Tuesday 05/21 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 05/22” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Temporary relief of U.S. restrictions on Huawei sparked a relief rally within the beaten-down technology stocks, helping the S&P 500 index to rebound from previous session’s Tech-led slump. Disappointing retail earnings, however, (more…)
Markets Searching for a Direction With the US-China trade talks getting tiringly protracted/stalled, and in the absence of major headlines, the markets are searching for a direction. Tomorrow’s Fed event may or may not provide some fodder. Caution is advised against going short while the index is above 2840 and going long while under 2875. Below, (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 05/21” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) With U.S. – China trade tensions simmering in the background, the S&P 500 index closed lower as investors continue to sell trade-sensitive stocks. Semiconductors and blue-chip technology stocks fell sharply after they (more…)
Results of Published Model Entries and Exits for Monday 05/20 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to (more…)
For the Markets, It’s China front-center-left-and-right…For Now While US-China trade talks have been at the center of the market moving headlines for the last week, it may as quickly be replaced by something else on a whim (FOMC meeting minutes this Wednesday). But, until then, expect China headlines to dominate the market sentiment “explanations”. Caution (more…)
Results of Published Model Entries and Exits for Friday 05/17 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 05/20” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Snapping a 3-day winning streak, the S&P 500 index closed lower, albeit mostly recovering from the early week’s slump on escalating fears of a fully blown trade war between U.S. and China. Opening (more…)
