S&P 500 Index Models – WED. 8/14/24 – Markets in a Goldilocks Scenario or Drinking Koolaid? (Day 5) With the fewer-than-expected initial jobless claims last week, markets are trying to parse the various macroeconomic news over this week to figure out whether the economy is in a Goldilocks scenario heading for a soft landing or (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 8/12/24 With the fewer-than-expected initial jobless claims last week, markets are trying to parse the various macroeconomic news over the past week to figure out whether the economy is in a Goldilocks scenario heading for a soft landing or if they might be drinking Koolaid. The answer (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 8/9/24 With the fewer-than-expected initial jobless claims this week, markets are trying to parse the various macroeconomic news over the past week to figure out whether the economy is in a Goldilocks situation heading for a soft landing or if they might be drinking Koolaid. The answer (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 8/8/24 With the fewer-than-expected initial jobless claims this morning, markets are trying to parse the various macroeconomic news over the past week to figure out whether the economy is in a Goldilocks situation heading for a soft landing or if they might be drinking Koolaid. The answer (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 8/7/24 In the trading plans published on Fri, 8/2/24, we wrote: “Whether a buy-the-rumor sell-the-news will follow after the initial run up remains to be seen next week”. Late session steep drop overnight coupled with the post-NFP volatility in the pre-market session is indicating a range-expansion and (more…)
S&P 500 INDEX MODEL TRADING PLANS for TUE. 8/6/24 In the trading plans published on Fri, 8/2/24, we wrote: “Whether a buy-the-rumor sell-the-news will follow after the initial run up remains to be seen next week”. Late session steep drop overnight coupled with the post-NFP volatility in the pre-market session is indicating a range-expansion and (more…)
S&P 500 INDEX MODEL TRADING PLANS for MON. 8/5/24 In the trading plans published on Fri, 8/2/24, we wrote: “…we wrote: “Whether a buy-the-rumor sell-the-news will follow after the initial run up remains to be seen next week”. Late session steep drop overnight coupled with the post-NFP volatility in the pre-market session is indicating a (more…)
S&P 500 INDEX MODEL TRADING PLANS for FRI. 8/2/24 In the trading plans published yesterday, Thu. 8/1/24, we wrote: “Whether a buy-the-rumor sell-the-news will follow after the initial run up remains to be seen next week”. Late session steep stop overnight coupled with the post-NFP volatility in the pre-market session is indicating a range-expansion and (more…)
S&P 500 INDEX MODEL TRADING PLANS for THU. 8/1/24 Yesterday’s FOMC interest rate decision and Powell’s presser appears to have increased the confidence of the market participants in a rate cut regime to begin in September. This confidence coupled with the turn-of-the-month positive effect on the markets should likely keep the markets buoyant for today. (more…)
S&P 500 INDEX MODEL TRADING PLANS for WED. 7/31/24 The FOMC interest rate decision at 2pm ET, end-of-month options plays, and busy earnings…there’s a lot going on today in the markets. With a 100% odds of a rate cut in September, there may not be any upside surprise left other than an unexpected rate cut (more…)
