S&P 500 INDEX MODEL TRADING PLANS for WED. 3/20/24 Today’s FOMC decision may not hold any surprises, but the Powell press conference could set the tone for the next market leg. While the sticky inflation numbers last week could raise some concerns about the economy and the much-hoped-for soft landing, the cooling of the jobs (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 FRI. 07/22 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…)
It’s All About the Treasury Yields, Again For intraday/short term trades, read below for our models’ trading plans for today. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please click here to check the hypothetical trading results of our last published trading plans...
May Payroll Numbers Good or Bad? The disappointing NFP data released this morning may be interpreted as “Good for the markets” or “Bad for the economy” or in myriad ways depending upon one’s own objectives. While the perma-bears look at the implied economic slowdown, the perma-bulls look at the imminent Fed rate cuts. If one’s interest (more…)
Getting Tired of the Trade War Rhetoric? Investors seem to be wishing to forget the trade war rhetoric and focus on something less chaotic, but complacency always leads to spectacular blowups (in either direction). Major indices are right in the middle of precariously stubborn support and resistance levels, but the trade war related headlines could be (more…)
Fed to the Rescue? Investors are trying to calm down with the hopes that the Fed would come to the rescue of the markets, especially with the Feds’ hinting of brewing economic troubles. Whether these are self-inflicted wounds (trade war, anyone?) or not, monetary policy maneuvers (or, just the posturing) could stop some bleeding on (more…)
Start-of-the-new-trading-month Factor to Trump Geopolitical Anxieties Today? Financial markets fell to new lows in the overnight futures market, but our models indicate potential for a bear-trap with the new-trading-month-start fund flows working to support the markets today (think 401-k, DRIPs, and other systematic/automatic investing fund flows). While the geopolitical situations are not getting any better (more…)
Reckless Ignorant Amateurism or Masterful Strategic Dealmaking? Financial markets are getting spooked with Trump’s surprise Mexico tariffs threat overnight and the market technicals are severely damaged in the overnight futures action. Political populism works until it hurts the common man in the pocket, and when it does, it could get unforgiving for the players. Would (more…)
Can’t Snooze our Way Out of This Trade-war Escalation! The administration seems to be caught off guard with their naive approach to believing that they could just bulldoze their way through the trade negotiations with the world’s second largest economy! Hitting the snooze button does not reset the time-sensitivity for finding a way-out of the (more…)
