The Rise of The Bull
Hey,
Key Weekly Performance Stats:
- S&P 500: -0.47%
- Nasdaq 100: -0.20%
- Russel 2000: +0.37%
- Bitcoin: +6.25%
Last week, markets experienced a slight pullback, primarily due to declines in the health care and communication services sectors. This reflects continued, broader investor caution tied to ongoing trade uncertainties. The Federal Reserve maintained interest rates at 4.25% during its recent FOMC meeting, signaling a prudent stance given mixed economic data. While still elevated, market volatility is trending downward compared to recent weeks.
In positive news, an initial trade agreement was reached with the UK, fueling optimism about potential future deals. However, all eyes are currently focused on the U.S.-China trade negotiations taking place this weekend in Geneva. The outcome of these discussions will undoubtedly have significant implications for global markets in the coming days.
Looking ahead, traders should closely monitor the release of April's CPI data on May 13, as this key inflation metric may shape expectations around future Fed decisions. Additionally, earnings announcements from major corporations and upcoming economic reports—such as retail sales and industrial production—could drive notable sector-specific moves. As always, remain disciplined, stick to your trading plan, and respect your risk. Godspeed!
Best,
Thicc Kohrs
P.S. The official Goonie Discord is live! (FREE Access w/ code GOONIE: https://bit.ly/GoonieGroup)
Earnings
Monday, May 12th
Morning: Chegg & Fox
Evening: Archer, Blink, Hertz & Plug
Tuesday, May 13th
Morning: Honda, JD & Under Armour
Wednesday, May 14th
Morning: Sony & Tencent
Evening: Cisco
Thursday, May 15th
Morning: Alibaba, John Deere & Walmart
Evening: Cava & Take Two Interactive
Friday, May 16th
None
Market Events
Monday, May 12th
10:25 AM ET Fed Governor Kugler Speaks
Tuesday, May 13th
08:30 AM ET CPI MoM & YoY (Apr)
Wednesday, May 14th
09:10 AM ET Fed Vice Chair Jefferson Speaks
Thursday, May 15th
08:30 AM ET PPI MoM & YoY (Apr)
08:30 AM ET Retail Sales (Apr)
08:30 AM ET Philadelphia Fed Manufacturing Index
08:30 AM ET Initial Jobless Claims
08:40 AM ET Fed Chair Powell Speaks
02:05 PM ET Fed Governor Barr Speaks
Friday, May 16th
10:00 AM ET Consumer Sentiment
Seasonality Update
S&P 500 Seasonal Bias (Monday, May 12th)
- Bull Win Percentage: 48%
- Profit Factor: 0.37
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, May 13th)
- Bull Win Percentage: 48%
- Profit Factor: 1.26
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, May 14th)
- Bull Win Percentage: 56%
- Profit Factor: 2.37
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, May 15th)
- Bull Win Percentage: 59%
- Profit Factor: 2.11
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, May 16th)
- Bull Win Percentage: 44%
- Profit Factor: 1.60
- Bias: Leaning Bullish
Equity Curve -->
Notes: These analytics are derived from the performance of the S&P 500 futures contract over the past 25 years. Additionally, results are computed from the futures market open and close.
Options Strategy Update
The 0 DTE signal hit 4 for 4 times (4 for 4 total units) this past week.
Signal Accuracy: ~100%
Note: These signals are posted in real-time in the Goonie Trading Discord. You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)!!!
Piper's Current Signal Streak: 14 Trades
May Record: 8/8 Units
Monday, May 5th
SPY Put Credit Spread (1x Multiple @ $561 / $560) 🟢
QQQ Put Credit Spread (1x Multiple @ $483 / $482) 🟢
Tuesday, May 6th
No Signal Produced
Wednesday, May 7th
No Signal Produced
Thursday, May 8th
SPY Put Credit Spread (1x Multiple @ $561 / $560) 🟢
QQQ Put Credit Spread (1x Multiple @ $484 / $483) 🟢
Friday, May 9th
No Signal Produced
Pitchers of Sangria Consumed
3.8 *
* This data point is from readings over the past week. The reported information should not be taken as an aggregate or cumulative value for any period beyond the most recent week (Sunday through Saturday). Appropriate alterations were made to account for both travel and time zone shifts.
Notes
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.
Both of these trades hit if held until close -- 2 total units!
Patience paid today. Piper didn't fire until after Trump started speaking, and it was beyond worth it. I traded with Piper, but I took a more aggressive line. These PCS's were sold at $1.15/ea and were bought back at $0.05/ea -- THIS MEANS MY REALIZED GAIN WAS $1,100!
