Trading Plans for WED. 06/21: Powell Trying to Tame the Runaway Bull?

S&P 500 INDEX MODEL TRADING PLANS for WED. 06/21 In our trading plans for Fri. 06/16, we wrote: “The spectacular bull run of the last few weeks fueled by speculation around the Fed policies and, possibly, an epic short squeeze, could be consolidating in the week ahead”. This has played out as anticipated with yesterday’s (more…)

Trading Plans for FRI. 06/16: Bull Consolidation Ahead of the Holiday-shortened Next Week

S&P 500 INDEX MODEL TRADING PLANS for FRI. 06/16 The spectacular bull run of the last few weeks fueled by speculation around the Fed policies and, possibly, an epic short squeeze, could be consolidating in the week ahead. Weekly options expirations could be playing another factor today. The potential bull trap cautioned about by our (more…)

Trading Plans for THU. 06/15: Markets Calling the “Hawkish” Bluff of Powell?

S&P 500 INDEX MODEL TRADING PLANS for THU. 06/15 The potential bull trap cautioned about by our models continues to be in play, while the markets seem to be calling the bluff of Powell’s hawkish posturing in yesterday’s “hawkish pause” presser. Nevertheless, bears should be cautious of not jumping the gun but wait for confirmation (more…)

Trading Plans for WED. 06/14: FOMC Decision – Hawkish Pause! Back to the Basics?

S&P 500 INDEX MODEL TRADING PLANS for WED. 06/14 Our trading plans published yesterday mentioned: “…our models are flashing potential for a bull trap ahead, possibly once the “fed pause” becomes official tomorrow”. Today’s FOMC decision is a “hawkish pause”, giving an open case to be made for both the bulls and the bears, as (more…)

Trading Plans for TUE. 06/13: Celebrating the Lowest High Inflation Numbers?

S&P 500 INDEX MODEL TRADING PLANS for TUE. 06/13 With the post-CPI spike and the subsequent early session market action, our models are flashing potential for a bull trap ahead, possibly once the “fed pause” becomes official tomorrow. As we first stated to start this week, if you are a bull, it may be prudent (more…)

Daily Trading Plans for Mon. 06/12: Inflation, Yields, and FOMC in Focus This Week

S&P 500 INDEX MODEL TRADING PLANS for MON. 06/12 The precarious rally of the last month has been baffling many with its lack of the breadth – the rally concentrated in just a handful of big-tech names. In the last trading plan – published on Thursday, 06/08 – we wrote: “If the rally does not (more…)

Last Hurrah of the Bull, or the Next Leg Up? Day 4

S&P 500 INDEX MODEL TRADING PLANS for THU. 06/08 The precarious rally of the last month has been baffling many, with the lack of the breadth in the rally was concentrated in just a handful of big-tech names. With the major news cycles in the rear view mirror, that red hot bull could be losing (more…)

Last Hurrah of the Bull, or the Next Leg Up? Day 3

S&P 500 INDEX MODEL TRADING PLANS for WED. 06/07 The precarious rally of the last month has been baffling many, with the lack of the breadth in the rally was concentrated in just a handful of big-tech names. With the major news cycles in the rear view mirror, that red hot bull could be losing (more…)

Last Hurrah of the Bull, or the Next Leg Up? Day 2

S&P 500 INDEX MODEL TRADING PLANS for TUE. 06/06 The precarious rally of the last month has been baffling many, with the lack of the breadth of the rally while it still managed to keep going up on the run up in just a handful of big-tech names. With the major news cycles in the (more…)