S&P 500 INDEX MODEL TRADING PLANS for FRI. 6/7/24 This morning’s Non-Farm Payrolls data indicates stronger-than-hoped-for job market, which appears to be stoking quashing the recent optimism about potential rate cuts. This is pushing the futures down, but it remains to be seen if this would be sustained once the regular session starts or if (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 6/6/24 Wednesday’s private payrolls data indicates a weakening job market, which appears to be stoking optimism about potential rate cuts not being as far as feared. This is pushing the futures, but it remains to be seen if this would be sustained once the regular session starts (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 6/5/24 This morning’s private payrolls data indicates to a weakening job market, which appears to be stoking optimism about potential rate cuts not being as far as feared. This is pushing the futures, but it remains to be seen if this would be sustained once the regular (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 10/05 With JOLTS on Tuesday, Initial Jobless Claims Numbers this morning, and Non-Farm Payrolls tomorrow, this week is all about Jobs and Jobs. So far, there is no sign of any letting up in the strength of the Job market. Since our published trading plans two weeks (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 10/04 The lower-than-expected ADP numbers seem to be giving some hope that the bad news could soften the rising yields and the Fed going forward. The yields have already retreated this morning, and the index is trying to find a floor and rebound. Since our published trading plans (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 07/07 The divergence between yesterday’s ADP payrolls numbers and this morning’s Non-Farm Payrolls numbers is giving the optimists on the markets dreams of the Goldilocks scenario (aka “soft landing” or “softish landing”) to unfold, while the pessimists on the markets are fretting over potential slowdown and the (more…)
