Trading Plans for TUE. 2/27/24 – Market Exuberance, Rational or Not (Day 4)

S&P 500 INDEX MODEL TRADING PLANS for TUE. 2/27/24 The markets appeared drunk and exuberant about NVidia’s blowout earnings, and whatever else it may be, and now looks like it is in a hangover mood. Whether Greenspan would label it “Irrational Exuberance” is probably something some market observers might be wondering about. As per our (more…)

Trading Plans for MON. 2/26/24 – Market Exuberance, Rational or Not (Day 3)

S&P 500 INDEX MODEL TRADING PLANS for MON. 2/26/24 The markets appear drunk and exuberant about NVidia’s blowout earnings, and whatever else it may be. 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 (more…)

Trading Plans for FRI. 2/23/24 – Nvidia Exuberance, Rational or Not (Day 2)

S&P 500 INDEX MODEL TRADING PLANS for FRI. 2/23/24 The markets appear drunk and exuberant about 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 the (more…)

Trading Plans for THU. 2/22/24 – NVidia Exuberance, Rational or Not

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…)

Trading Plans for WED. 2/21/24 – Fed Minutes to Show their Sticky Inflation Concerns?

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…)

Trading Plans for TUE. 2/20/24 – Stickier Inflation Quashing Rate-cut Hopes, Yet? (Day 5)

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…)

Trading Plans for FRI. 2/16/24 – Stickier Inflation Quashing Rate-cut Hopes, Yet? (Day 4)

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…)

Trading Plans for THU. 2/15/24 – Sticky Inflation Quashing Rate-cut Hopes, Yet? (Day 3)

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…)

Trading Plans for TUE. 2/13/24 – Sticky Inflation Quashing Rate-cut Hopes

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…)

Trading Plans for MON. 2/12/24 – The Red-hot Bull Raging into Uncharted Territories (Day 2)

S&P 500 INDEX MODEL TRADING PLANS for MON. 2/12/24 As per our trading plans published on Friday, 2/9/24: “…and 5027 is the next main resistance level to watch for”. The index closed at 5026.62 – just under 0.4 points away from that level. How that level plays out this week will be the key to (more…)