Post-CPI Bullish Spike Needs Confirmation from PPI Tomorrow

S&P 500 INDEX MODEL TRADING PLANS for WED. 05/10 As we wrote in our published Trading Plans yesterday, “The CPI and the PPI releases this week are likely going to make investors contemplating over the basics of the markets – economy, inflation, interest rates, and, maybe, freshly obsess over potential recession.”. The post-CPI market action (more…)

S&P 500 MODEL TRADING PLANS for WED 04/13

Earnings Season to Exhilarate or Exasperate? Within a week after publishing our trading plans on Fri, 04/08, S&P 500 has breached the indicated support levels of 4500 and 4460, and has confirmed our directional bias to the downward. The earnings season kicking off today may be the last hope the markets have to stop the (more…)