THE GIST (“THE WHAT”) Regional banks were slammed as fears of banking crisis remained front and center in today’s risk off session. Energy stocks further fueled the losses alongside falling crude oil prices on growing recessionary fears. The S&P 500 index fell during the early part of the session to hit the day’s low at (more…)
THE GIST (“THE WHAT”) The S&P 500 Index wavered between 20 points to close the first day of the month mostly flat at 4167.88, down slightly by 1.61 points (-0.04%) ahead of the keenly awaited Fed’s 2-day policy meeting. Markets also digested fresh flow of earnings alongside mixed bag of economic data. Note: Our daily “S&P (more…)
THE GIST (“THE WHAT”) Big week of earnings saw impressive quarterly results by Big Tech companies that helped reverse the week’s earlier losses that were sparked by First Republic Bank’s disappointing results that revived fears of turmoil within the banking sector. The S&P Index extended its gains into the third session fueled by stronger-than-expected results (more…)
THE GIST (“THE WHAT”) Erasing this week’s losses and shrugging aside weaker-than-expected economic data, the S&P 500 index (SPX) rallied sharply in its best day since January 2023, on the back of solid quarterly results posted by Meta, closing the day at session highs at 4135.35. Note: Our daily “S&P 500 Trading plan” will be posted (more…)
THE GIST (“THE WHAT”) Blow-out earnings by Microsoft and Alphabet failed to provide a meaningful boost to the morning rally amid ongoing banking turmoil and the looming debt ceiling. The S&P Index (SPX) extended Monday’s losses, falling another 15.62 points (-0.38%) to close near day’s lows at 4056. Note: Our daily “S&P 500 Trading plan” will (more…)
Note: Our daily “S&P 500 Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the last published Results of the Morning Trading Plans, please click here. THE GIST (“THE WHAT”) The S&P Index (SPX) closed the risk-off session down 65.40 (more…)
Results of Published Model Trades for WED. 09/14 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…)
Results of Published Model Trades for WED 08/04 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…)
Results of Published Model Trades for MON 03/15 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…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the last published Results of the Morning Trading Plans, please click here. THE GIST (“THE WHAT”) Choppy directionless trading continues as investors keenly (more…)
