THE GIST (“THE WHAT”) Extending previous session’s gains, the S&P 500 index rallied higher to close above the closely watched 4500 level after June’s PPI data showed that inflation is subsiding, increasing the odds that the Fed could be nearing an end to its aggressive monetary tightening policy. Gapping higher at the open, the index (more…)
Results of Published Model Trades for Thu 07/13 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”) Gapping higher at the open, the S&P 500 index held on to the gains as investors cheered the latest inflation report that indicated that consumer prices slowed more than expected in June. The index notched new highs for the year amid increasing odds that the Fed might by nearing an end (more…)
Results of Published Model Trades for Wed 07/12 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”) Trading sideways for most part of the session, a late session jump pushed the S&P 500 index higher to close with a decent gain of 29.71 points (0.67%) at 4439.25 on hopes that key inflation data release this week could suggest continued easing of price pressures. Note: Our daily “S&P 500 Trading (more…)
Results of Published Model Trades for Tue 07/11 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”) Oscillating around the 4400 level, the S&P 500 index traded sideways within a tight range as investors keenly look forward to the start of the second quarter earnings season and crucial inflation data releases this week to gauge the Fed’s interest rate path. The index managed to eke out moderate gains (more…)
Results of Published Model Trades for Mon 07/10 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 Fri 07/07 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”) Extending previous session’s decline, the S&P 500 index fell at the open following stronger-than-expected U.S. employment report and ISM services data that reinforced the hawkish Fed outlook of an aggressive monetary policy. Finding support at the day’s low of 4385.05, the index however bounced back to claw back some of the (more…)
