Trading Plans for THU. 8/1/24 – Rate Cut Confidence and Turn-of-the-Month Effect

S&P 500 INDEX MODEL TRADING PLANS for THU. 8/1/24 Yesterday’s FOMC interest rate decision and Powell’s presser appears to have increased the confidence of the market participants in a rate cut regime to begin in September. This confidence coupled with the turn-of-the-month positive effect on the markets should likely keep the markets buoyant for today. (more…)

Trading Plans for WED. 7/31/24 – FOMC, End-of-month Options Plays, Earnings…

S&P 500 INDEX MODEL TRADING PLANS for WED. 7/31/24 The FOMC interest rate decision at 2pm ET, end-of-month options plays, and busy earnings…there’s a lot going on today in the markets. With a 100% odds of a rate cut in September, there may not be any upside surprise left other than an unexpected rate cut (more…)

Trading Plans for TUE. 7/30/24 – Earnings Earnings Everywhere…

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…)

Trading Plans for MON. 7/29/24 – Oversold Bounce? (Day 2)

S&P 500 INDEX MODEL TRADING PLANS for MON. 7/29/24 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…)

Trading Plans for FRI. 7/26/24 – Oversold Bounce?

S&P 500 INDEX MODEL TRADING PLANS for FRI. 7/26/24 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…)

Trading Plans for THU. 7/25/24 – Back to Basics, Again? (Day 2)

S&P 500 INDEX MODEL TRADING PLANS for THU. 7/25/24 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…)

Trading Plans for WED. 7/24/24 – Back to Basics, Again?

S&P 500 INDEX MODEL TRADING PLANS for WED. 7/24/24 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…)

Trading Plans for TUE. 7/23/24 – Election Year Gyrations In Play (Day 2)

S&P 500 INDEX MODEL TRADING PLANS for MON. 7/22/24 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…)

Trading Plans for FRI. 7/19/24 – Back to Basics? (Day 3)

S&P 500 INDEX MODEL TRADING PLANS for FRI. 7/19/24 As of yesterday, Thursday, 7/18/24, our positional models’ guidance (as published) has been: “Since flipping to a bullish bias on the break of 5116, our models continue to be bullish. Models would carry this bullish bias while the index is above 5560 on a daily close (more…)

Trading Plans for THU. 7/18/24 – Back to Basics? (Day 2)

S&P 500 INDEX MODEL TRADING PLANS for THU. 7/18/24 We reiterate what we published in our trading plans on Wednesday, 7/17: “Trump’s rhetoric on Taiwan apparently is jolting the markets out of the Trump Presidency 2.0 euphoria, bringing them into the realities of potential geopolitical reckoning and chaos a second Trump term can bring in. (more…)