S&P 500 INDEX MODEL TRADING PLANS for TUE. 6/18/24 Last week’s softer than expected PPI has confirmed the trend of the softer CPI, with the S&P 500 Index futures continue to print more all-time highs. Unless there is some unexpected weakness showing up in the markets (“buy the rumor, sell the news”?), expect the market (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 6/14/24 This week’s softer than expected PPI has confirmed the trend of the softer CPI, with the S&P 500 Index futures continue to print more all-time highs. Unless there is some unexpected weakness showing up in the markets (“buy the rumor, sell the news”?), expect the market (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 6/13/24 This morning’s softer than expected PPI has confirmed the trend of yesterday’s softer CPI, with the S&P 500 Index futures pointing to potential for more all-time highs in the offing. Unless there is some unexpected weakness showing up in the markets (“buy the rumor, sell the (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 6/12/24 This morning’s softer than expected CPI has the markets on fire, with yields dropping and the S&P 500 Index printing new all-time session highs. Unless there is some totally unexpected talk or tone from the Fed Chair Powell later today with the FOMC rate decision and (more…)
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 TUE. 6/4/24 With many of the sensational headlines (e.g., sticky inflation, geopolitical issues) tapering off in their relevance and/or novelty, the markets could likely be turning their focus back on to the basics in the coming days – the economy, earnings, margins, valuations etc. For the last few (more…)