S&P 500 INDEX MODEL TRADING PLANS for FRI. 07/21 Today being the Triple Witching Friday would likely lead to artificial spikes in either direction, leading to a choppy market action. Unless you are a professional trader or a long term positional trader, you might want to sit out today’s market volatility. This week’s earnings should (more…)
HE GIST (“THE WHAT”) Disappointing results by Netflix and Tesla sparked a sell-off in technology stocks, weighing down on the broader index. Yields jumped following fresh round of economic data that supported ‘higher for longer’ Fed’s policy stance, further dampening sentiment. The S&P 500 index fell 30.85 points (0.68%) to close at 4534.86. Note: Our daily (more…)
Results of Published Model Trades for Thu 07/20 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. 07/20 Market action since yesterday’s close indicate the potential for the “Irrational Exuberance” prevailing for the last few months could begin to settle down to economic realities (“potential”, and “could” are the operative words there). This week’s earnings should shed some light on how the markets are (more…)
THE GIST (“THE WHAT”) Consolidating near 15-month highs, the S&P 500 index traded sideways ahead of mega-tech earnings. Bank stocks extended their gains in the wake of better than expected second quarter earnings results, while tech stocks gave up some of their recent gains following a strong recent rally. The index closed today’s choppy session (more…)
Results of Published Model Trades for Wed 07/19 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. 07/19 This week’s earnings should shed some light on how the markets are shaping up in the wake of the sticky inflation. With a quarter-point rate increase almost a given, the July FOMC meeting may be a non-event, and earnings could be the driving force for the (more…)
Results of Published Model Trades for Tue 07/18 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 TUE. 07/18 This week’s earnings should shed some light on how earnings are shaping up in the wake of the sticky inflation. With a quarter-point rate increase almost a given, the July FOMC meeting may be a non-event, and earnings could be the driving force for the next (more…)
THE GIST (“THE WHAT”) The S&P 500 index edged higher as investors digest second quarter earnings. Financials and technology stocks gain ahead of the next round of earnings this week. The index closed the session with a modest gain of 17.37 points (0.39%) at 4522.78. Note: Our daily “S&P 500 Trading plan” will be posted around (more…)
