THE GIST (“THE WHAT”) The S&P 500 index closed a very choppy session mostly flat at 4138.12, up 1.87 points, consolidating near last Friday’s highs amid ongoing debt ceiling stalemate and ahead of key inflation reading on Wednesday. An early session rebound in the recently battered regional stocks after PacWest BanCorp announced a sharp cut (more…)
Results of Published Model Trades for FRI 05/05 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”) Financials and Energy stocks led the S&P 500 index lower for the fourth session in a row, closing a choppy session at 4061.23, down 29.51 points (-0.72%). Investors digested Fed’s 10th consecutive rate hike this cycle, alongside Powell’s comments that a pause in the hiking cycle might be too soon to (more…)
Results of Published Model Trades for THU 05/04 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…)
THE GIST (“THE WHAT”) The S&P 500 index closed the session lower after the Federal Reserve raised rates by 25 basis point, its 10th consecutive rate hike in its attempt to fight inflation. Markets pulled back alongside Jerome Powell’s press conference when he did not rule out additional rate hikes if warranted. The index closed (more…)
Results of Published Model Trades for WED 05/03 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”) 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…)
Results of Published Model Trades for TUE 05/02 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 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…)
Results of Published Model Trades for MON 05/01 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…)
