S&P 500 INDEX MODEL TRADING PLANS for THU. 5/2/24 In our trading plans published yesterday, FOMC day, 5/1/24, we stated: “…Yesterday, Monday, 4/29/24, the index closed by a hair-thin margin above that level with a close at 5116.17. Keeping in mind the FOMC event tomorrow, our models are ignoring that close above our level and (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 5/1/24 In our trading plans published yesterday, Tuesday, 4/30/24, we stated: “…Yesterday, Monday, 4/29/24, the index closed by a hair-thin margin above that level with a close at 5116.17. Keeping in mind the FOMC event tomorrow, our models are ignoring that close above our level and are (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 4/30/24 In our trading plans published on Friday, 4/26/24, we stated: “…but it takes a daily close above 5116 for our models to turn bullish again. Between 5056 and 5116, our models stay indeterminate”. Yesterday, Monday, 4/29/24, the index closed by a hair-thin margin above that level (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 4/26/24 The index closed at 4123 two Fridays ago, and, after inflation-concerns related gyrations the index is likely springing back to test that level again. Our trading plans into that week stated: “A daily close below 5170 is needed for the current bullish bias to be negated. (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 4/19/24 We started last trading week with these words in our trading plans: “A daily close below 5170 is needed for the current bullish bias to be negated. This level appears poised to be tested this week sometime, and whether it rebounds from there or not would (more…)
Results of Published Model Trades for MON 09/23 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) (please click here to view (more…)
Geopolitical Headlines or Economic Releases to Dominate this Week? Expect a lot of headlines involving the United Nations, the unfolding Trump-Ukraine scandal, and key economic releases this week (Consumer Confidence, Advance Trade Balance, GDP number, Durable Goods, and PCE Core). Which one of these could drive the markets which way is anybody’s guess, but our (more…)
Results of Published Model Trades for FRI 09/20 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) (please click here to view (more…)
No Bad News is Good News, For Now With the Fed in the rear view mirror(?), the trade dispute rhetoric appearing to be cooling off (could change with one tweet, though), and the geopolitical headlines not portending the sky falling off…markets are sporting a buoyant bias this morning. In the absence of major macro drivers (more…)
Results of Published Model Trades for THU 09/19 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) (please click here to view (more…)
