It's Spooky Season!
Key Weekly Performance Stats:
- S&P 500: -0.27%
- Nasdaq 100: +0.65%
- Russel 2000: -0.23%
- Bitcoin: %
Wall Street kicked off October with a mixed week. SPX and RTY finished slightly lower, while NDX gained ground and closed Friday at a record high. Rising yields and oil pressured stocks early, with U.S.-Iran tensions also hanging over the market. Sentiment improved into Friday as softer jobs data eased some of the pressure around future Fed hikes.
The economic picture stayed mixed. September payroll growth came in weak, unemployment ticked higher, and prior months were revised down. Consumer confidence also fell, but spending remained solid and inflation stayed sticky. On the corporate side, Micron impressed with strong AI-driven guidance, Tesla beat delivery expectations, Nvidia pushed to new highs, and Nike disappointed with weaker results and outlook.
Next week is lighter on the calendar. ISM Services is Monday, U.S. trade data Tuesday, Fed minutes Wednesday, jobless claims Thursday, and preliminary Michigan consumer sentiment Friday. Earnings also start picking up with Levi Strauss, PepsiCo, and Delta on deck. As always, stick to your trading plan and respect your risk. Godspeed.
Thicc Kohrs
P.S. The official Goonie Trading Discord is LIVE!!! (https://bit.ly/GoonieDiscord)
Market Events
Monday, October 5th
09:45 AM ET S&P Global Services PMI (Sep)
10:00 AM ET ISM Non-Manufacturing Prices & PMI (Sep)
Tuesday, October 6th
Wednesday, October 7th
01:00 PM ET 10-Year Note Auction
02:00 PM ET FOMC Meeting Minutes
Thursday, October 9th
08:30 AM ET Initial Jobless Claims
01:00 PM ET 30-Year Bond Auction
Friday, October 9th
10:00 AM ET Consumer Sentiment
Seasonality Update
S&P 500 Seasonal Bias (Monday, October 5th)
- Bull Win Percentage: 69%
- Profit Factor: 3.65
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, October 6th)
- Bull Win Percentage: 69%
- Profit Factor: 1.50
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, October 7th)
- Bull Win Percentage: 38%
- Profit Factor: 0.62
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, October 8th)
- Bull Win Percentage: 48%
- Profit Factor: 1.80
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, October 9th)
- Bull Win Percentage: 48%
- Profit Factor: 0.61
- Bias: Bearish
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 3 for 4 times (6 for 8 total units) this past week.
Signal Accuracy: ~75%
Note: These signals are posted in real-time in the Goonie Trading Discord. You can join me today!!! Click Here!
Piper's Current Signal Streak: 1 Trade
September Record: 38/44 Units
Monday, Sept. 28th
No Signal Produced
Tuesday, Sept. 29th
SPY Call Credit Spread (2x Multiple @ $767 / $768) 🟢
QQQ Call Credit Spread (2x Multiple @ $741 / $742) 🟢
Wednesday, Sept. 30th
SPY Put Credit Spread (2x Multiple @ $765 / $764) 🔴
QQQ Put Credit Spread (2x Multiple @ $739 / $738) 🟢
Thursday, Oct. 1st
No Signal Produced
Friday, Oct. 2nd
No Signal Produced
Pounds Lost At Fat Kohrs Fat Camp
9 *
* 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.
These PCS's were sold at $1.60/ea and were bought back at $1.10/ea -- THIS MEANS MY REALIZED GAIN WAS $1,125!!!
These PCS's were sold at $1.30/ea and were bought back at $0.80/ea -- THIS MEANS MY REALIZED GAIN WAS $1,125!!!
