S&P 500 INDEX MODEL TRADING PLANS for WED. 05/31 We started this trading week yesterday with these words: “Now that the Debt Ceiling drama is apparently over (“apparently” is the keyword there), can the markets continue to be intoxicated on the nVidia-A.I. exuberance and continue the bullish leg or get back to the macro-economic fundamentals (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 05/31 We started this trading week yesterday with these words: “Now that the Debt Ceiling drama is apparently over (“apparently” is the keyword there), can the markets continue to be intoxicated on the nVidia-A.I. exuberance and continue the bullish leg or get back to the macro-economic fundamentals (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 05/30 Now that the Debt Ceiling drama is apparently over, can the markets continue to be intoxicated on the nVidia-A.I. exuberance and continue the bullish leg or get back to the macro-economic fundamentals of inflation, valuation, china-slowdown (bad news good news here, with hopes of China (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 05/26 For today, markets seem to be having a hangover from the post-NVidia-earnings euphoria so far in the regular session, with the hotter than expected inflation numbers released this morning seemingly to have not dented the bullish sentiment. It remains to be seen if it would last (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 05/24 We started this trading week with our trading plans on Monday titled: “Debt Ceiling Deadline Likely to Whipsaw the Markets”, and these words: “Expect the approaching debt ceiling deadline to attract both bulls and bears to heightened speculation, resulting in some whipsaw movements until the deadline (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 05/22 Our stance last couple of weeks has been: “Our models are indicating an initial bias towards an inflection point coming soon. Barring any unexpected bullish development showing up on the horizon, chances are that this could be unwinding to the downside”. Looks like potentially arriving at (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 05/19 Our stance last couple of weeks has been: “Our models are indicating an initial bias towards an inflection point coming soon. Barring any unexpected bullish development showing up on the horizon, chances are that this could be unwinding to the downside”. Looks like potentially arriving at (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 05/18 Our stance last couple of weeks has been: “Our models are indicating an initial bias towards an inflection point coming soon. Barring any unexpected bullish development showing up on the horizon, chances are that this could be unwinding to the downside”. Looks like potentially arriving at (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 05/17 Our stance last couple of weeks has been: “Our models are indicating an initial bias towards an inflection point coming soon. Barring any unexpected bullish development showing up on the horizon, chances are that this could be unwinding to the downside”. Looks like Biden and McCarthy (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 05/16 Other than the occasionally simmering regional banks concerns and the knee-jerk reactions around the debt ceiling talks, there does not appear to be much for the markets to go by these days. The depressed VIX could be pointing to potential complacency in the markets that could (more…)
