Trading Plans for THU. 10/03/24 – Main St Good News Wall St Bad News? This week’s much better ADP Private Payrolls data seem to spur market “disappointment” that the economy may not be as bad as was “hoped for”(?) to warrant the Fed to continue to cut rates aggressively. Geopolitical tensions and Germany’s recent inflation (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 03/06” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Struggling for direction, the S&P 500 index continued consolidating within key technical levels looking for a catalyst to break out as investors keenly await any fresh news around U.S. – China (more…)
