Markets Take A Breather
Hey,
Key Weekly Performance Stats:
- S&P 500: -2.08%
- Nasdaq 100: -3.42%
- Russel 2000: -4.05%
- Bitcoin: +18.93%
The stock market was a mixed bag las week, marked by profit-taking and trader caution following a post-election rally. Early in the week, the S&P 500 and Nasdaq saw declines, snapping a five-day winning streak. Inflation data (CPI) released on November 13th met expectations, bolstering hopes for a December Federal Reserve rate cut. However, comments from Fed Chair Powell dampened optimism, as he noted inflation was declining but indicated no urgency to lower rates further, adding to market volatility.
Looking forward, there will be focus on various economic indicators, such as Global PMI, consumer sentiment, and various fed speeches, to gauge economic health and potential Fed policy shifts. With the earnings season winding down, corporate reports and forward guidance could still influence stock performance. Seasonal trends suggest a favorable period for equities, but political developments, including trade, tax, and regulatory policies from the new administration, remain key variables in shaping market sentiment. As always, stick to your 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)
Market Events
Monday, November 18th
Tuesday, November 19th
05:00 AM ET Eurozone CPI (Oct)
Wednesday, November 20th
11:00 AM ET Fed Governor Cook Speaks
12:15 PM ET Fed Governor Bowman Speaks
01:00 PM ET 20-Year Bond Auction
Thursday, November 21st
08:30 AM ET Initial Jobless Claims
08:30 AM ET Philadelphia Fed Manufacturing Index (Nov)
10:00 AM ET Existing Home Sales (Oct)
01:00 PM ET 10-Year TIPS Auction
01:10 PM ET Kansas City Fed President Schmid Speaks
Friday, November 22nd
09:45 AM ET S&P Global PMI (Nov)
10:00 AM ET Consumer Sentiment (Nov)
Upcoming Earnings
Monday
None
Tuesday
Morning: Lowe's & Walmart
Wednesday
Morning: NIO & Target
Evening: Nvidia, Palo Alto & Snowflake
Thursday
Morning: BJ's & John Deere
Friday
None
Seasonality Update
S&P 500 Seasonal Bias (Monday, November 18th)
- Bull Win Percentage: 54%
- Profit Factor: 0.80
- Bias: Leaning Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, November 19th)
- Bull Win Percentage: 46%
- Profit Factor: 0.49
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, November 20th)
- Bull Win Percentage: 61%
- Profit Factor: 0.81
- Bias: Leaning Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, November 21st)
- Bull Win Percentage: 64%
- Profit Factor: 1.72
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, November 22nd)
- Bull Win Percentage: 60%
- Profit Factor: 1.86
- Bias: 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 10 for 10 times (18 for 18 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: 26 Trades
November Record: 33/33 Units
Monday, November 11th
SPY Call Credit Spread (1x Multiple @ $601 / $602) 🟢
QQQ Call Credit Spread (1x Multiple @ $516 / $517) 🟢
Tuesday, November 12th
SPY Call Credit Spread (2x Multiple @ $600 / $601) 🟢
QQQ Call Credit Spread (2x Multiple @ $515 / $516) 🟢
Wednesday, November 13th
SPY Call Credit Spread (2x Multiple @ $598 / $599) 🟢
QQQ Call Credit Spread (2x Multiple @ $514 / $515) 🟢
Thursday, November 14th
SPY Call Credit Spread (2x Multiple @ $598 / $599) 🟢
QQQ Call Credit Spread (2x Multiple @ $513 / $514) 🟢
Friday, November 15th
SPY Call Credit Spread (2x Multiple @ $591 / $592) 🟢
QQQ Call Credit Spread (2x Multiple @ $504 / $505) 🟢
Count of Blowing Out All My Apex Accounts
1 *
* 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 -- 4 total units!
Piper has continued her win streak, but today involved a lot of praying to the Market Gods. I sold these PCS's at $0.58/ea and they (luckily) expired worthless -- This means my REALIZED GAIN WAS $1,740!
This trade was a big risk, but it eventually paid. I sold these PCS's at $1.80/ea and they expired worhtless -- This means my REALIZED GAIN WAS $5,400!
Both of these trades hit if held until close -- 2 total units!
Piper told me to be bullish, so I was bullish (once again). After the signal fired, I sold 25 PCS's for $0.55/ea. I decided to be a bit more ballsy and rode them to expiration. Fortunately, they expired worthless -- This means my REALIZED GAIN WAS $1,375!
Both of these trades hit if held until close -- 2 total units!
I got angry at my poor futures trading performance this morning, so I decided to switch gears and utilize Piper. Even though it seemed crazy at the time, Piper suggested being bullish today. I sold puts and it paid nicely. The PCS's were sold at $0.65/ea and were bought back at $0.05/ea-- This means my REALIZED GAIN WAS $1,200!
