S&P 500 INDEX MODEL TRADING PLANS for TUE. 05/02 In our first trading plan of this trading week – published yesterday, Mon. 05/01 – we wrote: “With the FOMC meeting this week, everything else takes a second place until Wednesday. Expect a push-and-pull action in the markets heading into the event. If you are not (more…)
THE GIST (“THE WHAT”) The S&P 500 Index wavered between 20 points to close the first day of the month mostly flat at 4167.88, down slightly by 1.61 points (-0.04%) ahead of the keenly awaited Fed’s 2-day policy meeting. Markets also digested fresh flow of earnings alongside mixed bag of economic data. Note: Our daily “S&P (more…)
Results of Published Model Trades for MON 05/01 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 MON. 05/01 With the FOMC meeting this week, everything else takes a second place until Wednesday. Expect a push-and-pull action in the markets heading into the event. If you are not a nimble trader, wait until the event is over for any directional trading. Most of the market (more…)
Results of Published Model Trades for FRI 04/28 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…)
THE GIST (“THE WHAT”) Big week of earnings saw impressive quarterly results by Big Tech companies that helped reverse the week’s earlier losses that were sparked by First Republic Bank’s disappointing results that revived fears of turmoil within the banking sector. The S&P Index extended its gains into the third session fueled by stronger-than-expected results (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 04/28 Yesterday’s strong market momentum from Meta’s earnings got further boosted from post-session earnings from Amazon, but it seems to be dissipated in the pre-market session so far. Our models are indicating high probability for a push-and-pull action in the markets today. If you are not a (more…)
THE GIST (“THE WHAT”) Erasing this week’s losses and shrugging aside weaker-than-expected economic data, the S&P 500 index (SPX) rallied sharply in its best day since January 2023, on the back of solid quarterly results posted by Meta, closing the day at session highs at 4135.35. Note: Our daily “S&P 500 Trading plan” will be posted (more…)
Results of Published Model Trades for THU 04/27 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. 04/27 Yesterday evening’s strong earnings from Meta seems to be adding to the tone of impressive earnings from Microsoft, Google, McDonalds, and Chipotle that all seem to demonstrate that major firms have pricing power to absorb the inflationary pressures. Continued big tech earnings momentum into the next (more…)
