Pushing Higher!!!
Hey,
Key Weekly Performance Stats:
- S&P 500: +1.5%
- Nasdaq 100: +1.97%
- Russel 2000: +3.52%
- Bitcoin: +0.35%
Last week, the stock market saw a mix of volatility and strength, ultimately ending on a high note. The S&P 500 closed above 6,000 for the first time since February, fueled by a stronger-than-expected May jobs report. The U.S. economy added 139,000 nonfarm payrolls—beating expectations of 125,000—while the unemployment rate held steady at 4.2%.
However, markets faced some turbulence midweek as softer-than-expected private payroll data and a slowdown in the services sector raised concerns. Trade tensions also flared up, driven by uncertainty around President Trump’s tariff policies. Sentiment improved after news broke of a June 5 phone call between Trump and Chinese President Xi Jinping, which appeared to ease some of those tensions.
Despite these headwinds, the economy showed signs of resilience. The OECD trimmed its 2025 U.S. growth forecast from 2.2% to 1.6%, citing tariff risks and a potential slowdown. But the strong labor report helped calm recession fears, sending Treasury yields higher—pushing the 10-year yield to 4.4%. Meanwhile, trade negotiations with China stayed front and center, with Trump confirming that U.S. cabinet officials would meet with Chinese representatives in London on June 9.
Looking ahead, this week brings several key events that could shape market direction. All eyes are on the Consumer Price Index (CPI) report, set to drop June 11. A hot inflation print could complicate the Fed’s decision-making ahead of its June 17–18 meeting. On the corporate front, Apple’s WWDC25 keynote on June 9 could stir movement in tech stocks. Finally, U.S.-China trade talks remain a major wildcard—any signs of progress or breakdown will likely drive near-term volatility. 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
Monday, June 9th
None
Tuesday, June 10th
Evening: Dave & Buster's, GameStop & GitLab
Wednesday, June 11th
Morning: Chewy
Evening: Oracle
Thursday, June 12th
Evening: Adobe
Friday, June 13th
None
Market Events
Monday, June 9th
None
Tuesday, June 10th
01:00 PM ET 3-Year Note Auction
Wednesday, June 11th
08:30 AM ET CPI MoM & YoY (May)
01:00 PM ET 10-Year Note Auction
Thursday, June 12th
08:30 AM ET PPI MoM & YoY (May)
08:30 AM ET Initial Jobless Claims
01:00 PM ET 30-Year Bond Auction
Friday, June 13th
10:00 AM ET Consumer Sentiment (June)
Seasonality Update
S&P 500 Seasonal Bias (Monday, June 9th)
- Bull Win Percentage: 52%
- Profit Factor: 1.44
- Bias: Leaning Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, June 10th)
- Bull Win Percentage: 41%
- Profit Factor: 0.27
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, June 11th)
- Bull Win Percentage: 41%
- Profit Factor: 0.66
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, June 12th)
- Bull Win Percentage: 56%
- Profit Factor: 0.37
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, June 13th)
- Bull Win Percentage: 56%
- Profit Factor: 1.26
- 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 5 for 6 times (10 for 12 total units) this past week.
Signal Accuracy: ~83.3%
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: 1 Trade
June Record: 10/12 Units
Monday, June 2nd
No Signal Producded
Tuesday, June 3rd
SPY Put Credit Spread (2x Multiple @ $591 / $590) 🟢
QQQ Put Credit Spread (2x Multiple @ $522 / $521) 🟢
Wednesday, June 4th
SPY Put Credit Spread (2x Multiple @ $595 / $594) 🟢
QQQ Put Credit Spread (2x Multiple @ $525 / $524) 🟢
Thursday, June 5th
SPY Put Credit Spread (2x Multiple @ $593 / $592) 🟢
QQQ Put Credit Spread (2x Multiple @ $527 / $525) 🔴
Friday, June 6th
No signal produced
Times Musk Tanked $TSLA
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.
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!
