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. 11/04 After testing low 4100’s, the index has rebounded this week in the midst of an influx of macro economic news which culminated into the FOMC last week. Last week’s flurry of macro economic releases added to the upside momentum in an apparently “relief rally”. This week (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 11/03 After testing low 4100’s, the index has rebounded this week in the midst of an influx of macro economic news which culminated into the FOMC as of yesterday. Yesterday’s Initial Jobless Claims is supporting the momentum so far. This morning’s Non Farm Payrolls release seems to (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 11/01 This week is filled with significant macro economic events with PPI, FOMC, and Nonfarm Payrolls. Powell’s speech last week provided a clear indication that the Fed is relentless in their fight against the sticky inflation and are willing to risk an economic slowdown to win that (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 07/27 Almost as everyone and their grandmother predicted, the FOMC hiked another 25 basis points. With the FOMC faded into the background, earnings stories would continue to set the market tone until they begin to feel the bull run fatigue setting in. The risk continues to be (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 07/26 With a quarter-point rate increase almost a given, today’s FOMC meeting may be a non-event, and earnings could be the driving force for the next few weeks. Only some unexpectedly negative revelations/indications from Chair Powell today could influence the markets – otherwise, the FOMC release and (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 07/25 With a quarter-point rate increase almost a given, the July FOMC meeting (starting today; announcement tomorrow) may be a non-event, and earnings could be the driving force for the next few weeks. This week’s earnings should shed some light on how the markets are shaping up (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 05/19 Our stance last couple of weeks has been: “Our models are indicating an initial bias towards an inflection point coming soon. Barring any unexpected bullish development showing up on the horizon, chances are that this could be unwinding to the downside”. Looks like potentially arriving at (more…)
Exuberant Pumping-up to Settle Back Into Reality? With the quarter-end window dressing, and the new month beginning related artificial/seasonal boost to the markets behind us, the reality of the economy, inflation, and the interest rates soon to be driving the markets again. Whether it would be glass-half-full or glass-half-empty camp that leads remains to be (more…)
Window Dressing Buoying The Markets? As we wrote in our trading plans on Tue., 03/28: “However, our models indicate the risk for the markets to spike to the upside rather than to the downside, owing to the potential for quarter-end window dressing. We will get more clarity on this potential as we approach Friday”. Our (more…)
