S&P 500 MODEL TRADING PLANS for THU 01/27

Post-FOMC 2-hour Trading Window Results – Stunning? In our FOMC-day Trading Plans published yesterday afternoon, we wrote: “While the Fed tightening (four rate hikes) is already priced in, what happens after today’s FOMC release depends, of course, on what exactly Chair Powell has got to say”. And, he did say a lot in the press (more…)

S&P 500 MODEL TRADING PLANS for WED, 01/26

Sell-the-Rumor and Buy-the-News? The wild ride of the last few days is likely to reach the crescendo today, on the back of the FOMC release at 2pm EST. Predicting the directionality can be a fools errand today – intraday, nimble trading OR very long term investing are the only games worth playing in town. A (more…)

S&P 500 MODEL TRADING PLANS for TUE 01/25

The Wild Ride to Continue – Day 3 This wild ride that we first titled our trading plans with two days back is indicated to continue into Day-3 today, and likely reach a crescendo tomorrow, in the wake of the FOMC meeting. Intraday, nimble trading OR very long term investing are the only games worth (more…)

S&P 500 MODEL TRADING PLANS for MON 01/24

The Wild Ride to Continue – Day 2 Last Thursday’s (01/20) stunning reversal in the momentum, and the subsequent break of strong support levels speak to the volatility gaining momentum. Intraday, nimble trading OR very long term investing are the only games worth playing in town. As we wrote in the trading plans of Wednesday, (more…)

S&P 500 MODEL TRADING PLANS for FRI 01/21

The Wild Ride to Continue Yesterday’s stunning reversal in the momentum, and the subsequent break of strong support levels speak to the volatility gaining momentum. Intraday, nimble trading OR very long term investing are the only games worth playing in town. As we wrote in the trading plans of Wednesday, 01/19: “As we wrote in (more…)

S&P 500 MODEL TRADING PLANS for THU 01/20

An Interim Bottom in Tech Stocks? Our models are pointing to the possibility that yesterday pre-markets’ rebound attempt could be gaining some momentum today. The worse-than-expected jobless claims could lend some support here as well (“the Fed can’t be too aggressive if we are losing more jobs” could be the thought process here). Shorts might (more…)

S&P 500 MODEL TRADING PLANS for WED 01/19

Key Support Levels Being Tested The early stages of the market rout that began this week has brought the index to test key support levels overnight in the futures markets and are attempting to rebound from there. Whether this rebound attempt prevails in the regular market hours remains to be seen. As we wrote in (more…)

S&P 500 MODEL TRADING PLANS for TUE 01/18

The Emboldened Bear Is Out in the Open In our trading plan – published on Wed, 01/12 – we wrote: “Notwithstanding the ensuing rally, that caution (“no bottom-fishing yet”) is still warranted. A forty-year record high inflation is no news to cheer even if it is in-line with expectations. Investors relatively new to the markets (more…)

S&P 500 MODEL TRADING PLANS for FRI 01/14

The Big Bears Slowly Getting Emboldened In our last trading plan – published on Wed, 01/12 – we wrote: “Notwithstanding the ensuing rally, that caution (“no bottom-fishing yet”) is still warranted. A forty-year record high inflation is no news to cheer even if it is in-line with expectations. Investors relatively new to the markets need (more…)

S&P 500 MODEL TRADING PLANS for WED 01/12

Relief (“The Sky’s Not Falling”) Rally or Bull Trap? In our last trading plan – published on Fri, 01/07 – we wrote: “Bottom-fishers looking for stock market bargains need to be cautious about a potential bull-trap today. Bad news is NOT always good news – not in this market”. Notwithstanding the ensuing rally, that caution (more…)