S&P 500 INDEX MODEL TRADING PLANS for THU. 01/11 This morning’s hotter-than-expected inflation numbers would be tempering the rate-cut expectations. The higher CPI numbers followed the stronger-than-expected Non Farm Payrolls number which was already stoking the stickier-than-anticipated inflation concerns anew. The earnings-season that is going to kick off tomorrow in earnest could show if the (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 01/09 After breaking out of a 9-week bull run, markets appear to be looking for a direction for the next leg. The stronger-than-expected Non Farm Payrolls number could be stoking the stickier-than-anticipated inflation concerns anew. Nevertheless, other than Boeing-related weakness in the Dow, there is no indication (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 01/08 After breaking out of a 9-week bull run, markets appear to be looking for a direction for the next leg. The stronger-than-expected Non Farm Payrolls number could be stoking the stickier-than-anticipated inflation concerns anew. After dipping right after the NFP release, the index futures are fighting to (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 01/05 The stronger-than-expected Non Farm Payrolls number could be stoking the stickier-than-anticipated inflation concerns anew. After dipping right after the NFP release, the index futures are fighting to crawl back up, but it could give in once the regular session opens. How today’s daily close registers could (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 01/04 The Santa Claus rally of 2023 came in early and left early, with a loss of about 1% for the index during the period. As per our earlier trading plans published during the “Santa Claus Rally” period, looks like the early Santa was followed by the (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 01/03 On Friday, 12/29, our trading plans stated: “While a consolidation is likely in the new year, our models indicate no immediate threat of a bearish leg as long as the index is above 4770 on a daily close basis. The “Santa Claus Rally” still has two (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 01/02 Happy New Year, 2024, to all our readers! Hope you all had a good start to the New Year, and the TradersAI family wishes you all a Happy, Prosperous, and Joyful 2024! On Friday, 12/29, our trading plans stated: “While a consolidation is likely in the (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 12/29 On Monday, 12/18, our Trading Plans stated: “Due to the illiquid season of the year, our aggressive, intraday models are converging into our positional models, and indicate any position opened today to be held overnight and into following session(s) until further indications to exit are published”. (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 12/18 As we published on Friday, 12/15: “Whether the markets will continue on this rally or the “buy the rumor, sell the news” will entail will depend on how the market closes today and on Monday, 12/18″. The FOMC rate decision and the accompanying statement all (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 12/15 The FOMC rate decision and the accompanying statement all but make it clear that the Fed is affirming the market sentiment that they are done raising interest rates, and the dot-plot signaling that the rate cuts are on the horizon. This confirms the sentiment behind the (more…)
