S&P 500 INDEX MODEL TRADING PLANS for TUE. 7/30/24 As of Friday, 7/19/24, morning we have negated our bullish bias, and adapted a bearish bias with the index closing at 5544.59 – just less than half a point below our critical level that we have been publishing for the last few weeks – in the (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 6/18/24 Last week’s softer than expected PPI has confirmed the trend of the softer CPI, with the S&P 500 Index futures continue to print more all-time highs. Unless there is some unexpected weakness showing up in the markets (“buy the rumor, sell the news”?), expect the market (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 6/14/24 This week’s softer than expected PPI has confirmed the trend of the softer CPI, with the S&P 500 Index futures continue to print more all-time highs. Unless there is some unexpected weakness showing up in the markets (“buy the rumor, sell the news”?), expect the market (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 6/13/24 This morning’s softer than expected PPI has confirmed the trend of yesterday’s softer CPI, with the S&P 500 Index futures pointing to potential for more all-time highs in the offing. Unless there is some unexpected weakness showing up in the markets (“buy the rumor, sell the (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 6/12/24 This morning’s softer than expected CPI has the markets on fire, with yields dropping and the S&P 500 Index printing new all-time session highs. Unless there is some totally unexpected talk or tone from the Fed Chair Powell later today with the FOMC rate decision and (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…)
