S&P 500 INDEX MODEL TRADING PLANS for FRI. 2/9/24 As we have been stating in our daily trading plans for the last many days: “Until the momentum clearly breaks down, this is the market of the bulls and the bears need to lie low”. S&P 500 now in the 5000’s, this is a new, record (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 2/8/24 With any imminent rate-cuts ruled out by the Fed last week – and, reiterated this morning by Powell – coupled with a mixed earnings season so far, markets seem to be pondering on where to go next with no clear drivers pushing in either direction. Until (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 2/7/24 With any imminent rate-cuts ruled out by the Fed last week – and, reiterated this morning by Powell – coupled with a mixed earnings season so far, markets seem to be pondering on where to go next with no clear drivers pushing in either direction. Until (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 2/6/24 With any imminent rate-cuts ruled out by the Fed last week – and, reiterated this morning by Powell – coupled with a mixed earnings season so far, markets seem to be pondering on where to go next with no clear drivers pushing in either direction. Until (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 2/5/24 With any imminent rate-cuts ruled out by the Fed last week – and, reiterated this morning by Powell – coupled with a mixed earnings season so far, markets seem to be pondering on where to go next with no clear drivers pushing in either direction. Until (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 02/01 With any imminent rate-cuts ruled out by the Fed yesterday and with an uninspiring earnings season, markets seem to be pondering on where to go next with no clear drivers pushing in either direction. With yesterday’s drop, the index has come close to testing the 4835 (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 01/31 Last week’s GDP numbers and the PCE numbers are further emboldening the market bull. This weeks flurry of major earnings and today’s FOMC presser should set the tone for the next leg. Record high after record high, and the momentum in the economy, and the election (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 01/30 Last week’s GDP numbers and the PCE numbers are further emboldening the market bull. This weeks flurry of major earnings and tomorrow’s FOMC rate decision (and, Powell’s presser) should set the tone for the next leg. Record high after record high, and the momentum in the (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 01/29 Last week’s GDP numbers and the PCE numbers are further emboldening the market bull. This weeks flurry of major earnings and the FOMC meeting should set the tone for the next leg. Record high after record high, and the momentum in the economy, and the election (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 01/26 This week’s GDP numbers and the PCE numbers are further emboldening the market bull. Record high after record high, and the momentum in the economy, and the election year sentiment…all appear to be drowning out any murmurs of valuation concerns coming from some corners of the (more…)
