Trading Plans for FRI. 10/06 – Stronger-for-Longer Jobs Spooking the Markets?

S&P 500 INDEX MODEL TRADING PLANS for FRI. 10/06 As we published in our trading plans yesterday, Thu. 10/05: “With JOLTS on Tuesday, Initial Jobless Claims Numbers this morning, and Non-Farm Payrolls tomorrow, this week is all about Jobs and Jobs. So far, there is no sign of any letting up in the strength of (more…)

Trading Plans for THU. 10/05 – JOLTS, Initial Jobless Claims, NFP Friday…

S&P 500 INDEX MODEL TRADING PLANS for THU. 10/05 With JOLTS on Tuesday, Initial Jobless Claims Numbers this morning, and Non-Farm Payrolls tomorrow, this week is all about Jobs and Jobs. So far, there is no sign of any letting up in the strength of the Job market. Since our published trading plans two weeks (more…)

Trading Plans for WED. 10/04 – Bad News Good News?

S&P 500 INDEX MODEL TRADING PLANS for WED. 10/04 The lower-than-expected ADP numbers seem to be giving some hope that the bad news could soften the rising yields and the Fed going forward. The yields have already retreated this morning, and the index is trying to find a floor and rebound. Since our published trading plans (more…)

Trading Plans for TUE. 10/03 – Rising Yields Making a Rebound Less Likely

S&P 500 INDEX MODEL TRADING PLANS for TUE. 10/03 Since our published trading plans two weeks ago pointing out that week’s 4505 level as potential top for the near term, the market has been in a free fall mode. Our models indicate 4310 as the level to close above for the current bearish bias to (more…)

Trading Plans for MON. 10/02 – No Rebound In Sight While Below 4320

S&P 500 INDEX MODEL TRADING PLANS for MON. 10/02 Since our published trading plans two weeks ago pointing out that week’s 4505 level as potential top for the near term, the market has been in a free fall mode. Our models indicate 4320 as the level to close above for the current bearish bias to (more…)

Trading Plans for FRI. 09/29 – Falling Knife Rebounding to Key Level? Day 3

S&P 500 INDEX MODEL TRADING PLANS for FRI. 09/29 Since our published trading plans last week pointing out that week’s 4505 level as potential top for the near term, the market has been in a free fall mode. Our models indicate 4340 as the level to close above for the current bearish bias to be (more…)

Trading Plans for THU. 09/28 – Falling Knife Hit the Floor, Yet? Day 2

S&P 500 INDEX MODEL TRADING PLANS for THU. 09/28 Since our published trading plans last week pointing out that week’s 4505 level as potential top for the near term, the market has been in a free fall mode. Our models indicate 4340 as the level to close above for the current bearish bias to be (more…)

Trading Plans for WED. 09/27 – Falling Knife…Where’s the Floor?

S&P 500 INDEX MODEL TRADING PLANS for WED. 09/27 Since our published trading plans last week pointing out that week’s 4505 level as potential top for the near term, the market has been in a free fall mode. Our models indicate 4340 as the level to close above for the current bearish bias to be (more…)

Trading Plans for MON. 09/25 – Market Bull Exhausted?

S&P 500 INDEX MODEL TRADING PLANS for MON. 09/25 As our daily trading plans reinforced before the FOMC meeting stated: “…any indications of the Fed potentially pivoting to “being done” can spark a frenzied rally in the coming weeks but any unexpectedly hawkish indications could further accelerate the downward push. Nobody has the crystal ball (more…)

Trading Plans for FRI. 09/22 – Markets’ Mind Still on the Hawkish Fed

S&P 500 INDEX MODEL TRADING PLANS for FRI. 09/22 As our daily trading plans reinforced before the FOMC meeting yesterday: “…any indications of the Fed potentially pivoting to “being done” can spark a frenzied rally in the coming weeks but any unexpectedly hawkish indications could further accelerate the downward push. Nobody has the crystal ball (more…)