S&P 500 INDEX MODEL TRADING PLANS for MON. 06/26 Our models indicate choppy trading with no directional momentum until PCE release later this week. Depending on the number, it may bring inflation and interest rates back onto the market radar, with downside pressure added on the markets. In our trading plans for Fri. 06/16, we (more…)
THE GIST (“THE WHAT”) Increasing odds of further rate hikes, coupled with recessionary jitters pushed the S&P 500 index lower to end its five-week winning streak. All eleven sectors within the broader index traded lower, led by real estate and technology stocks. The index closed the session at 4348.32, down 33.56 points (-0.77%). Note: Our daily (more…)
Results of Published Model Trades for Fri 06/23 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. 06/23 In our trading plans for Fri. 06/16, we wrote: “The spectacular bull run of the last few weeks fueled by speculation around the Fed policies and, possibly, an epic short squeeze, could be consolidating in the week ahead”. This has played out as anticipated with yesterday’s (more…)
THE GIST (“THE WHAT”) Opening lower, the S&P 500 index managed to erase the day’s losses on the back of a rally in mega-cap tech stocks to close modestly higher. The index snapped its three-days losing streak to close the choppy session near day’s highs at 4381.89, up 16.20 points (0.37%). Note: Our daily “S&P 500 (more…)
Results of Published Model Trades for Wed 06/21 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…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 06/21 In our trading plans for Fri. 06/16, we wrote: “The spectacular bull run of the last few weeks fueled by speculation around the Fed policies and, possibly, an epic short squeeze, could be consolidating in the week ahead”. This has played out as anticipated with yesterday’s (more…)
THE GIST (“THE WHAT”) The S&P 500 index opened the holiday-shortened week on a bearish note ahead of Fed Chair Jerome Powell’s testimony tomorrow, giving back some of the last week’s sustained gains that pushed the index to a 14-month high. The index, however, clawed back most of the early session’s losses to close modestly (more…)
Results of Published Model Trades for Fri 06/16 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…)
THE GIST (“THE WHAT”) The S&P 500 index broke its six-day winning streak to close modestly lower by 16.25 points (0.37%) at 4409.60. The index, however, registered its longest winning streak of five straight weeks since November 2021 as markets cheered the Fed’s decision to pause its aggressive monetary tightening cycle following signs of slowing (more…)
