S&P 500 INDEX MODEL TRADING PLANS for FRI. 3/15/24 While the sticky inflation numbers this week could raise some concerns about the economy and the much-hoped-for soft landing, the cooling of the jobs numbers could put some floor under the index on rate-cut hopes. However, this mix could lead to choppy action surrounding potential concerns (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 3/14/24 This morning’s PPI numbers came in much hotter than expected, but the futures markets so far have been ignoring it and indicate positive opening to the session. It remains to be seen how the price action develops into the session later. While the sticky inflation numbers (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 3/13/24 As we have been publishing for the last few days: “Bears need to be patient and not jump the gun, as any hasty shorts could prove to be choking in another bear trap”. Last Friday’s NFP numbers showed that Powell’s unexpected dovish tone on Thursday could (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 3/12/24 As we have been publishing for the last few days: “Bears need to be patient and not jump the gun, as any hasty shorts could prove to be choking in another bear trap”. Last Friday’s NFP numbers showed that Powell’s unexpected dovish tone on Thursday could (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 3/11/24 As we have been publishing for the last few days: “Bears need to be patient and not jump the gun, as any hasty shorts could prove to be choking in another bear trap”. Last Friday’s NFP numbers showed that Powell’s unexpected dovish tone on Thursday could (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 3/8/24 As we have been publishing for the last few days: “Bears need to be patient and not jump the gun, as any hasty shorts could prove to be choking in another bear trap”. This morning’s NFP numbers show that Powell’s unexpected dovish tone yesterday could be (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 3/6/24 The Nvidia/A.I./softlanding exuberance has the index continuing to print new all-time highs. This is an uncharted territory for the markets, and our models are turning a bit cautious albeit nowhere close to adapting a bearish bias as long as the index is above 5045 on a (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 3/5/24 The Nvidia/A.I./softlanding exuberance has the index continuing to print new all-time highs. This is an uncharted territory for the markets, and our models are turning a bit cautious albeit nowhere close to adapting a bearish bias as long as the index is above 5045 on a (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 3/1/24 Yesterday morning’s PCE – the Fed’s favorite inflation gauge – came at street consensus and it is pushing the markets higher at the open. Is this a sigh of relief or a potential new dose of exuberance? We need a few more days to know the (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 2/29/24 This morning’s PCE – the Fed’s favorite inflation gauge – came at street consensus and it is pushing the markets higher at the open. Is this a sigh of relief or a potential new dose of exuberance? We need a few more days to know the (more…)
