Wall Street Celebrating Main Street’s Good News?!

Posted on by TradersAI

S&P 500 INDEX MODEL TRADING PLANS for FRI. 05/05 The strong Non-Farm Payrolls number on top of what Powell had to say yesterday after the FOMC rate decision should have pushed the markets down worried about “higher rates for longer time” but the markets seem to be celebrating mainstream good news for now. The options (more…)

It’s All About the Regional Banks Now!

Posted on by TradersAI

S&P 500 INDEX MODEL TRADING PLANS for THU. 05/04 While the FOMC and Powell could not scare the markets enough yesterday, the Regional Banks are accomplishing that and some! With the KBW Regional Banking Index is now flirting with the 2020 Covid-19 lows. And, it is May (the “Sell in May and Go Away” adage (more…)