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…)
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…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 7/17/24 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. With this (sudden?) realization, investors seem to be going back to basics (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 7/16/24 With the sad and somber developments over the weekend in the nation’s politics, the financial markets appear, as of this morning, more resilient and focused on the earnings and the upcoming rate cuts, while also factoring in the increased odds of Trump Presidency 2.0. Last week’s (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 7/15/24 With the sad and somber developments over the weekend in the nation’s politics, the financial markets appear, as of this morning, more resilient and focused on the earnings and the upcoming rate cuts, while also factoring in the increased odds of Trump Presidency 2.0. Last week’s (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 7/12/24 This morning’s PPI numbers proved to be a non-event, and now the focus would be on the Q2 earnings season being earnestly kicked off by big banks. The earnings news coupled with the abating concerns on rate cuts uncertainty, the next question on most bulls’ minds (more…)
