Goonies Never Say Die!
Hey,
Key Weekly Performance Stats:
- S&P 500: +0.21%
- Nasdaq 100: +0.25%
- Russel 2000: +0.44%
- Bitcoin: +0.10%
Last week, the economy showed signs of resilience amid uncertainty, with key economic data releases painting a mixed picture. Retail sales data for February, came in weaker than expected, which reflects cautious consumer spending as tariff concerns and slowing wage growth weighed on sentiment. Midweek, the Federal Reserve held interest rates steady at 4.25%, as anticipated, with Fed Chair Jerome Powell acknowledging heightened economic uncertainty due to trade policies but maintaining a cautiously optimistic tone.
The stock market experienced a volatile week, ending with slight gains after a late rebound. Both the S&P 500 and NASDAQ 100 notched their first green week in the past five. The Russel 2000 had its first positive week in the last two months. Friday saw a strong recovery driven by the repositioning from Quadruple Witching.
Looking ahead, there will be a large focus on consumer confidence data (Tuesday) and the Personal Consumption Expenditures inflation report (Friday), which could signal whether disinflation persists, or tariff effects are kicking in. Earnings from popular tickers like Carnival and NIO on Friday may shed light on consumer and global demand trends. Keep an eye on any tariff or policy updates from the Trump administration, as these could trigger sharp market moves. Volatility remains likely as markets digest economic signals and geopolitical noise. As always, 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
Market Events
Monday, March 24th
09:45 AM ET S&P Global Manufacturing & Services PMI (Mar)
Tuesday, March 25th
08:30 AM ET Philadelphia Fed Manufacturing Survey (Mar)
10:00 AM ET Consumer Confidence (Mar)
10:00 AM ET New Home Sales (Feb)
Wednesday, March 26th
08:30 AM ET Durable Goods MoM & YoY (Feb)
01:10 PM ET St. Louis Fed President Musalem Speaks
Thursday, March 27th
08:30 AM ET GDP QoQ (Q4)
08:30 AM ET Initial Jobless Claims
10:00 AM ET Pending Home Sales (Feb)
04:30 PM ET Richmond Fed President Barkin Speaks
Friday, March 28th
08:30 AM ET PCE Price Index MoM & QoQ (Feb)
08:30 AM ET Personal Spending & Income (Feb)
10:00 AM ET Consumer Sentiment (Mar)
Seasonality Update
S&P 500 Seasonal Bias (Monday, March 24th)
- Bull Win Percentage: 37%
- Profit Factor: 0.61
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, March 25th)
- Bull Win Percentage: 44%
- Profit Factor: 1.32
- Bias: Leaning Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, March 26th)
- Bull Win Percentage: 63%
- Profit Factor: 2.54
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, March 27th)
- Bull Win Percentage: 44%
- Profit Factor: 2.55
- Bias: Leaning Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, March 28th)
- Bull Win Percentage: 44%
- Profit Factor: 0.71
- 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 2 for 4 times (4 for 8 total units) this past week.
Signal Accuracy: ~50%
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: 0 Trades
March Record: 32/42 Units
Monday, March 10th
No Signal Generated
Tuesday, March 18th
SPY Call Credit Spread (2x Multiple @ $566 / $567) 🟢
QQQ Call Credit Spread (2x Multiple @ $480 / $481) 🟢
Wednesday, March 19th
No Signal Generated
Thursday, March 20th
No Signal Generated
Friday, March 21st
SPY Call Credit Spread (2x Multiple @ $563 / $564) 🔴
QQQ Call Credit Spread (2x Multiple @ $479 / $480) 🔴
Times I Got Lost In A Dark Pool
18 *
* 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.
SPY Hit & QQQ Missed
Both of these trades hit if held until close -- 4 total units!
These PCS's were sold at $0.60/ea and all expired worthless -- THIS MEANS MY REALIZED GAIN WAS $1,200!
