Hello, New Highs!
Howdy,
Key Weekly Performance Stats:
- S&P 500: +1.11%
- Nasdaq 100: +1.49%
- Russel 2000: +2.19%
- Bitcoin: +4.41%
Warm Regards,
Thicc Kohrs
P.S. The official Goonie Discord is live! (FREE Access w/ code GOONIE: https://bit.ly/GoonieGroup)
Market Events
Monday, September 23rd
08:00 AM ET Atlanta Fed President Bostic Speaks
09:45 AM ET S&P Global PMI (Sep)
10:15 AM ET Chicago Fed President Goolsbee Speaks
01:00 PM ET Minneapolis Fed President Kashkari Speaks
Tuesday, September 24th
10:00 AM ET Consumer Confidence (Sept)
01:00 PM ET 2-Year Note Auction
Wednesday, September 25th
10:00 AM ET New Home Sales (Aug)
10:30 AM ET Crude Oil Inventories
01:00 PM ET 5-Year Note Auction
Thursday, September 26th
08:30 AM ET GDP Second Revision (Q2)
08:30 AM ET Initial Jobless Claims
08:30 AM ET Durable Goods Orders (Aug)
09:15 AM ET Various Fed Members Speak
10:00 AM ET Pending Home Sales (Aug)
01:00 PM ET 7-Year Note Auction
Friday, September 27th
08:30 AM ET PCE Price Index (Aug)
08:30 AM ET Personal Spending & Income (Aug)
10:00 AM ET Consumer Sentiment (Sept)
01:15 PM ET Federal Reserve Governor Bowman Speaks
Upcoming Earnings
Monday, September 23rd
None
Tuesday, September 24th
Morning: AutoZone
Wednesday, September 25th
Evening: Micron
Thursday, September 26th
Morning: Accenture
Evening: BlackBerry & Costco
Friday, September 27th
None
Seasonality Update
S&P 500 Seasonal Bias (Monday, September 23rd)
- Bull Win Percentage: 36%
- Profit Factor: 0.66
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, September 24th)
- Bull Win Percentage: 32%
- Profit Factor: 0.43
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, September 25th)
- Bull Win Percentage: 44%
- Profit Factor: 0.89
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, September 25th)
- Bull Win Percentage: 62%
- Profit Factor: 1.83
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, September 26th)
- Bull Win Percentage: 54%
- Profit Factor: 1.08
- Bias: Neutral
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 5 for 6 times (10 for 12 total units) this past week.
Signal Accuracy: ~83%
Piper's Current Signal Streak: 3 Trades
September Record: 39/48 Units
Monday, September 16th
SPY Call Credit Spread (2x Multiple @ $563 / $564) 🟢
QQQ Call Credit Spread (2x Multiple @ $474 / $475) 🟢
Tuesday, September 17th
SPY Put Credit Spread (2x Multiple @ $564 / $563) 🔴
QQQ Put Credit Spread (2x Multiple @ $473 / $472) 🟢
Wednesday, September 18th
No signal produced (FOMC meeting)
Thursday, September 19th
SPY Put Credit Spread (2x Multiple @ $568 / $567) 🟢
QQQ Put Credit Spread (2x Multiple @ $480 / $479) 🟢
Friday, September 20th
No signal produced (Quadruple witching)
Count of Times Powell Murdered My Account
420,069 *
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 missed :(
The PCS was sold at $1.35/ea and was all bought at $0.05/ea-- This means my REALIZED GAIN WAS $650.
This PCS was at $2.50/ea and was not closed. SPX closed at 5,732.94 -- This means my realized loss was $132.
The PCS was sold at $1.25/ea and was all bought at $0.05/ea-- This means my REALIZED GAIN WAS $360.
This PCS was at $1.25/ea and was not closed. SPX closed at 5,732.94 -- This means my realized loss was $507.
Both of these trades hit if held until close -- 4 total units!
This trade was one of my main favorites. The market showed strength early in the session, so I sold puts at key support. All of the PCS were sold at $1.00/ea and were all bought back at $0.05/ea -- This means my REALIZED GAIN WAS $1,900.
This was a bit silly, a bit too aggressive, and it cost me. I sold these PCS at $2.25/ea and was forced to buy the back at $4.15/ea (risk was hit) -- This means my realized loss was 1,900.
I was of the opinion that this morning's weakness wouldn't last, so I sold additional PCS when bullish flow entered the market. I sold these spreads at $0.75/ea and bought them all back at $0.05/ea -- This means my REALIZED GAIN WAS $350.
