S&P 500 INDEX MODEL TRADING PLANS for MON. 07/31 The question on everybody’s mind – whether they are a bull or a bear or a bystander – is: “How long can this rally continue?”. And, nobody knows – or, can know – the answer, of course. But, as long as there are doubters, the rally (more…)
Results of Published Model Trades for Fri 07/28 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…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 07/28 In our trading plans yesterday, we published: “The risk continues to be to the downside, so longs might want to be cautious; however, bears have to wait for their opportunity strike and not jump the gun”. There was a little pull back – bears should not (more…)
THE GIST (“THE WHAT”) Gapping higher at the open, the S&P 500 index struggled to maintain the gains after hitting a 16-month high. Eventually giving up gains during the afternoon session, the index tumbled as yields jumped higher following reports that the Bank of Japan could raise its long-term interest rates. The index closed the (more…)
Results of Published Model Trades for Thu 07/27 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…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 07/27 Almost as everyone and their grandmother predicted, the FOMC hiked another 25 basis points. With the FOMC faded into the background, earnings stories would continue to set the market tone until they begin to feel the bull run fatigue setting in. The risk continues to be (more…)
THE GIST (“THE WHAT”) The highly awaited Fed policy decision proved to be non-event after the Fed raised its benchmark interest rate by 25 basis points, hiking for the 11th time in past 12 policy meetings, pushing the fed funds target range to a 22-year high of 5.25% to 5.50%. The S&P 500 index closed (more…)
Results of Published Model Trades for Wed 07/26 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…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 07/26 With a quarter-point rate increase almost a given, today’s FOMC meeting may be a non-event, and earnings could be the driving force for the next few weeks. Only some unexpectedly negative revelations/indications from Chair Powell today could influence the markets – otherwise, the FOMC release and (more…)
THE GIST (“THE WHAT”) Inching higher, the S&P 500 index registered a fifteen and a half month high led by mega-cap tech stocks ahead of big tech earnings. Stronger-than-expected U.S. July consumer confidence further bolstered equities, raising the odds of a soft landing of the economy. Gains, however, were limited ahead of Fed’s policy decision (more…)
