S&P 500 INDEX MODEL TRADING PLANS for WED. 2/28/24 The markets appeared drunk and exuberant about NVidia’s blowout earnings, and whatever else it may be, and now looks like it is in a hangover mood. Whether Greenspan would label it “Irrational Exuberance” is probably something some market observers might be wondering about. As per our (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 2/27/24 The markets appeared drunk and exuberant about NVidia’s blowout earnings, and whatever else it may be, and now looks like it is in a hangover mood. Whether Greenspan would label it “Irrational Exuberance” is probably something some market observers might be wondering about. As per our (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 2/26/24 The markets appear drunk and exuberant about NVidia’s blowout earnings, and whatever else it may be. Whether Greenspan would label it “Irrational Exuberance” is probably something some market observers might be wondering about. As per our trading plans published on Friday, 2/9/24: “4975 is the immediate (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 2/23/24 The markets appear drunk and exuberant about NVidia’s blowout earnings. Whether Greenspan would label it “Irrational Exuberance” is probably something some market observers might be wondering about. As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is the (more…)
Trading Plans for THU. 2/22/24 – NVidia Exuberance, Rational or Not
S&P 500 INDEX MODEL TRADING PLANS for THU. 2/22/24 Today, the markets appear drunk and exuberant on NVidia’s blowout earnings. Whether Greenspan would label it “Irrational Exuberance” is probably something some market observers might be wondering about. As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 2/21/24 Today’s Fed Minutes release to potentially give clues to the markets as to how concerned the Fed is about inflation getting persistent. Last week’s PPI reinforced the latest “stickier inflation” story. As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 2/20/24 Last week’s PPI reinforced the latest “stickier inflation” story. As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is the next main resistance level to watch for”. On that day, The index closed at 5026.62 – just under (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 2/16/24 This morning’s PPI reinforces the latest “stickier inflation” story. As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is the next main resistance level to watch for”. On that day, The index closed at 5026.62 – just under (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 2/15/24 As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is the next main resistance level to watch for”. On that day, The index closed at 5026.62 – just under 0.4 points away from that level. After closing below (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 2/14/24 As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is the next main resistance level to watch for”. On that day, The index closed at 5026.62 – just under 0.4 points away from that level. After closing below (more…)