S&P 500 INDEX MODEL TRADING PLANS for THU. 2/22/24 Today, the markets appear drunk and exuberant on NVidia’s blowout earnings. Whether Greenspan would label it “Irrational Exuberance” is probably something some market observers might be wondering about. As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 2/21/24 Today’s Fed Minutes release to potentially give clues to the markets as to how concerned the Fed is about inflation getting persistent. Last week’s PPI reinforced the latest “stickier inflation” story. As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 2/20/24 Last week’s PPI reinforced the latest “stickier inflation” story. As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is the next main resistance level to watch for”. On that day, The index closed at 5026.62 – just under (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 2/16/24 This morning’s PPI reinforces the latest “stickier inflation” story. As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is the next main resistance level to watch for”. On that day, The index closed at 5026.62 – just under (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 2/15/24 As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is the next main resistance level to watch for”. On that day, The index closed at 5026.62 – just under 0.4 points away from that level. After closing below (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 2/13/24 As per our trading plans published on Friday, 2/9/24: “4975 is the immediate support level, and 5027 is the next main resistance level to watch for”. On that day, The index closed at 5026.62 – just under 0.4 points away from that level. Following the hotter-than-expected (more…)
