S&P 500 INDEX MODEL TRADING PLANS for FRI. 08/25 Notwithstanding Chair Powell’s Jackson Hole speech, our models continue to not give credence to the bounce above 4400 in SPX. We need confirmatory signs before we negate our bearish bias. In our trading plans published Thu. 08/17, we wrote: “The index is approaching the 4400 level (more…)
Results of Published Model Trades for Thu 08/24 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. 08/24 In our trading plans published Thu. 08/17, we wrote: “The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support”. The index closed below that level on Thursday, and took down multiple support levels since then, and (more…)
THE GIST (“THE WHAT”) In its best day since June, the S&P 500 index rallied as interest-sensitive technology and real-estate stocks traded higher alongside falling treasury yields. Mixed bag of economic data pushed yields lower, benefiting growth stocks. Opening higher, the index held on to gains for most part of the session, closing near day’s (more…)
Results of Published Model Trades for Wed 08/23 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 WED. 08/23 In our trading plans published Thu. 08/17, we wrote: “The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support”. The index closed below that level on Thursday, and took down multiple support levels since then, and (more…)
Results of Published Model Trades for Tue 08/22 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 TUE. 08/22 In our trading plans published Thu. 08/17, we wrote: “The index is approaching the 4400 level this morning. If it breaks down, then 4385 will be the next support”. The index closed below that level on Thursday, and took down multiple support levels since then, and (more…)
THE GIST (“THE WHAT”) Rebound in technology stocks lifted the broader market. The S&P 500 index fell during the early hours as treasury yields hit a 16-year high ahead of the keenly awaited Federal Reserve meeting on Friday at Jackson Hole, Wyoming. But grinding higher during the afternoon session alongside a rally in chip stocks, (more…)
Results of Published Model Trades for Mon 08/21 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…)
