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…)
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…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 06/16 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. Weekly options expirations could be playing another factor today. The potential bull trap cautioned about by our (more…)
THE GIST (“THE WHAT”) The S&P 500 index extended gains for the sixth session in a row despite the hawkish Fed as yields slipped after May’s unemployment data showed signs of weakness, increasing the odds of an end in Fed’s monetary tightening cycle. The index notched a 14-month high, closing sharply higher by 53.27 points (more…)
Results of Published Model Trades for Thu 06/15 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 THU. 06/15 The potential bull trap cautioned about by our models continues to be in play, while the markets seem to be calling the bluff of Powell’s hawkish posturing in yesterday’s “hawkish pause” presser. Nevertheless, bears should be cautious of not jumping the gun but wait for confirmation (more…)
THE GIST (“THE WHAT”) Oscillating between gains and losses after the Fed issued its widely expected rate hike pause, the S&P 500 index managed to eke out slight gains, closing the choppy session at 4372.58, up 3.56 points (0.08%). Modest gains during the early part of the trading session fizzled after the Fed released its (more…)
Results of Published Model Trades for Wed 06/14 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 WED. 06/14 Our trading plans published yesterday mentioned: “…our models are flashing potential for a bull trap ahead, possibly once the “fed pause” becomes official tomorrow”. Today’s FOMC decision is a “hawkish pause”, giving an open case to be made for both the bulls and the bears, as (more…)
