Trading Plans for THU. 9/12/24 – Visions (or, Pipedreams?) of Soft Landing and Goldilocks… This week’s CPI and PPI data seem to be adding to the non-farm payrolls data from last Friday in ramping up further the hopes of a Goldilocks scenario to continue on and of a successful soft landing from the Fed. As (more…)
Trading Plans for WED. 9/11/24 – Visions of Soft Landing and Goldilocks… This morning’s CPI data seems to be adding to the non-farm payrolls data from last Friday in ramping up further the hopes of a Goldilocks scenario to continue on and of a successful soft landing from the Fed. On Wed. 9/4/24, we published: (more…)
Trading Plans for TUE. 9/10/24 – Soft Landing or Not? (Day 2) The non-farm payrolls data last Friday ramped up the hopes of Goldilocks scenario to continue on until otherwise burst. Markets to focus on the inflation numbers to be released later this week to (re)assess their odds of the Fed’s ability to orchestrate a (more…)
Trading Plans for MON. 9/9/24 – Soft Landing or Not ? The non-farm payrolls data last Friday ramped up the hopes of Goldilocks scenario to continue on until otherwise burst. Markets to focus on the inflation numbers to be released later this week to (re)assess their odds of the Fed’s ability to orchestrate a soft (more…)
Trading Plans for FRI. 9/6/24 – Range Breakout to the Downside? (Day 3) The non-farm payrolls data this morning ramps up the Goldilocks scenario to continue on until otherwise burst. On Wed. 9/4/24, we published: “With the SPX close of 5528.93 our models have negated the bullish bias (for a 200+ points gain since flipping (more…)
Trading Plans for THU. 9/5/24 – Range Breakout to the Downside? (Day 2) As of our published trading plans on Tue., 9/3/24: “With the close at 5319.31, models flipped to a bullish bias, and models indicate continuing this bullish bias while the index is above 5585 on a daily close basis. A daily close below (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 09/15 As of the latest trading plans we published yesterday, Wed. 09/13: “Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias”. The (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 09/14 As of the latest trading plans we published yesterday, Wed. 09/13: “Our models indicate bearish bias for positional trades while the index is below 4470 on a daily close basis. The index has to close above 4507 for our models to abandon the bearish bias”. Just (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 09/08 As we wrote in our trading plans published yesterday, Thu. 09/07: “The index failed to close below 4450 yesterday, but showed continued weakness. The price action in the pre-market session after the Initial Jobless Claims is showing the potential for further weakness to develop. The retail (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 09/07 As we wrote in our trading plans published yesterday, Wed. 09/06: “In this morning’s session so far, markets continue to be listless with the bias sliding towards mildly bearish. Nevertheless, bears need to wait for a confirmation before taking any positional shorts – a daily close (more…)
