Trading Plans for TUE. 7/23/24 – Election Year Gyrations In Play (Day 2)

S&P 500 INDEX MODEL TRADING PLANS for MON. 7/22/24 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…)

Trading Plans for FRI. 7/19/24 – Back to Basics? (Day 3)

S&P 500 INDEX MODEL TRADING PLANS for FRI. 7/19/24 As of yesterday, Thursday, 7/18/24, our positional models’ guidance (as published) has been: “Since flipping to a bullish bias on the break of 5116, our models continue to be bullish. Models would carry this bullish bias while the index is above 5560 on a daily close (more…)

Trading Plans for THU. 7/18/24 – Back to Basics? (Day 2)

S&P 500 INDEX MODEL TRADING PLANS for THU. 7/18/24 We reiterate what we published in our trading plans on Wednesday, 7/17: “Trump’s rhetoric on Taiwan apparently is jolting the markets out of the Trump Presidency 2.0 euphoria, bringing them into the realities of potential geopolitical reckoning and chaos a second Trump term can bring in. (more…)

Trading Plans for WED. 7/17/24 – Back to Basics?

S&P 500 INDEX MODEL TRADING PLANS for WED. 7/17/24 Trump’s rhetoric on Taiwan apparently is jolting the markets out of the Trump Presidency 2.0 euphoria, bringing them into the realities of potential geopolitical reckoning and chaos a second Trump term can bring in. With this (sudden?) realization, investors seem to be going back to basics (more…)

S&P 500 MODEL TRADING PLANS for THU. 08/04

Markets Biting off More Than They Can Chew? Our trading plans stated yesterday morning: “Our models indicate caution to the bears as they indicate avoid shorting the index while it is above 4085 on a daily close basis. It might take a few more sessions for the markets to digest the recent upside moves, before (more…)

S&P 500 MODEL TRADING PLANS for WED. 08/03

Digesting the Recent Upside Swing The post-FOMC rally has taken the index on an upside swing and the index has been consolidating above the consolidation range our models indicated last Friday (4030-4110). Our models indicate caution to the bears as they indicate avoid shorting the index while it is above 4085 on a daily close (more…)