S&P 500 INDEX MODEL TRADING PLANS for FRI. 07/14 The big banks have kickstarted the earnings season with JP Morgan and Wells Fargo numbers coming in strong. Next week will give more insights into how earnings are shaping up in the wake of the sticky inflation. With a quarter-point rate increase almost a given, the (more…)
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…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 07/13 The softer than expected PPI on the top of yesterday’s softer inflation numbers are likely going to stoke the “Half Full, Half Empty” debate to a higher pitch. The die-hard bulls would like to see it as an indication of the coveted “soft landing”, while the (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…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 07/12 Markets are happy with the soft inflation numbers. The next question on the minds of investors – is it going to impact earnings numbers? If early earnings show any unexpected weakness (“unexpected” is the key word there), then we might have seen an interim top; but, (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…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 07/11 Markets are waiting to see and digest the inflation numbers and then the kick-off of earnings season. If early earnings show any unexpected weakness (“unexpected” is the key word there), then we might have seen an interim top; but, if the earnings appear to be on (more…)
