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…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 2/7/24 With any imminent rate-cuts ruled out by the Fed last week – and, reiterated this morning by Powell – coupled with a mixed earnings season so far, markets seem to be pondering on where to go next with no clear drivers pushing in either direction. Until (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 2/6/24 With any imminent rate-cuts ruled out by the Fed last week – and, reiterated this morning by Powell – coupled with a mixed earnings season so far, markets seem to be pondering on where to go next with no clear drivers pushing in either direction. Until (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 2/5/24 With any imminent rate-cuts ruled out by the Fed last week – and, reiterated this morning by Powell – coupled with a mixed earnings season so far, markets seem to be pondering on where to go next with no clear drivers pushing in either direction. Until (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 02/01 With any imminent rate-cuts ruled out by the Fed yesterday and with an uninspiring earnings season, markets seem to be pondering on where to go next with no clear drivers pushing in either direction. With yesterday’s drop, the index has come close to testing the 4835 (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 01/31 Last week’s GDP numbers and the PCE numbers are further emboldening the market bull. This weeks flurry of major earnings and today’s FOMC presser should set the tone for the next leg. Record high after record high, and the momentum in the economy, and the election (more…)
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…)
