Trading Plans for MON. 8/5/24 – Rollercoasters are Fun, If your Stomach Doesn’t Churn (Day 2)

S&P 500 INDEX MODEL TRADING PLANS for MON. 8/5/24 In the trading plans published on Fri, 8/2/24, we wrote: “…we wrote: “Whether a buy-the-rumor sell-the-news will follow after the initial run up remains to be seen next week”. Late session steep drop overnight coupled with the post-NFP volatility in the pre-market session is indicating a (more…)

Trading Plans for FRI. 8/2/24 – Rollercoasters are Fun, If your Stomach Doesn’t Churn

S&P 500 INDEX MODEL TRADING PLANS for FRI. 8/2/24 In the trading plans published yesterday, Thu. 8/1/24, we wrote: “Whether a buy-the-rumor sell-the-news will follow after the initial run up remains to be seen next week”. Late session steep stop overnight coupled with the post-NFP volatility in the pre-market session is indicating a range-expansion and (more…)

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…)