S&P 500 INDEX MODEL TRADING PLANS for WED. 09/20 While the interest rate decision of the Fed at this week’s meeting is a foregone conclusion, it is the semantics of Chair Powell’s presser that the markets are going to obsess over. And, for the right reasons, as any indications of the Fed potentially pivoting to (more…)
THE GIST (“THE WHAT”) Trading lower during the first half of the session, the S&P 500 index reversed most of the day’s losses in the afternoon session to close modestly lower ahead of the highly anticipated Fed policy meeting tomorrow. Energy stocks were the biggest drag on the broader index as oil prices pulled back (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 09/19 While the interest rate decision of the Fed at this week’s meeting is a foregone conclusion, it is the semantic of Chair Powell’s every word that the markets are going to obsess over. And, for the right reasons, as any indications of the Fed potentially pivoting (more…)
Results of Published Model Trades for Mon 09/18 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. 09/18 While the interest rate decision of the Fed at this week’s meeting is a foregone conclusion, it is the semantic of Chair Powell’s every word that the markets are going to obsess over. And, for the right reasons, as any indications of the Fed potentially pivoting (more…)
Results of Published Model Trades for Fri 09/15 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. 09/15 As of the latest trading plans we published yesterday, Wed. 09/13: “Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias”. The (more…)
Results of Published Model Trades for Thu 09/14 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. 09/14 As of the latest trading plans we published yesterday, Wed. 09/13: “Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias”. Just (more…)
THE GIST (“THE WHAT”) The S&P 500 index wavered sideways following a mixed CPI report that solidified expectations of a Fed rate pause in its next policy meeting. All eyes will now turn their focus towards U.S. PPI data release tomorrow looking for further clarity on the inflation outlook. Trading mostly within yesterday’s price range, (more…)