The Bulls Score!!!
Key Weekly Performance Stats:
- S&P 500: +1.59% (New High)
- Nasdaq 100: +1.86% (New High)
- Russel 2000: +0.24%
- Bitcoin: +4.91%
Last week, makets rallied hard to new all-time highs. Investors gain confidence by leaning into the Fed’s expected rate cuts. The S&P 500 gained about 1.6%, marking steady weekly gains for the th straight time. The Nasdaq tacked on 1.9%, mainly being lifted by the Mag 7. Both indices hit new record highs -- Congrats too all who played!
Under the surface, the economic backdrop was less rosy. August CPI showed a 0.4% monthly jump, pushing annual inflation to 2.7% and stirring early stagflation worries. Labor data revisions erased more than 900,000 jobs from prior estimates, and consumer sentiment soured in September as layoff fears grew. While recession chatter picked up, most analysts still see 2025 avoiding a deep downturn, with easier Fed policy expected to cushion growth.
Looking ahead to next well, all eyes are on the Fed’s FOMC meeting, where a 25-basis-point cut is already priced in, with hints of two more by year-end. Retail sales and housing data will help gauge consumer health, while rate decisions out of Japan and the U.K. could sway global sentiment. On the earnings front, Kroger and other names will give fresh reads on household spending. Lower rates may keep stocks climbing, but soft labor signals remain the wild card. As always, stick to your trading plan and respet your risk. Godspeed.
Thicc Kohrs
P.S. The official Goonie Discord is live! (FREE Access w/ code GOONIE: https://bit.ly/GoonieGroup)
Earnings
Monday, Sept 15th
Evening: Dave & Buster's
Tuesday, Sept 16th
None
Wednesday, Sept 17th
Evening: Cracker Barrel
Thursday, Sept 18th
Morning: Darden Restaurants
Evening: FedEx
Friday, Sept 19th
None
Market Events
Monday, Sept 15th
None
Tuesday, Sept 16th
08:30 AM ET Retail Sales MoM & YoY (Aug)
Wednesday, Sept 17th
05:00 AM ET Eurozone CPI MoM & YoY (Aug)
02:00 PM ET Fed Interest Rate Decision
02:30 PM ET Fed Chair Powell Speech
Thursday, Sept 18th
08:30 AM ET Initial Jobless Claims
08:30 AM ET Philadelphia Fed Manufacturing Index (Sep)
10:00 AM ET US Leading Economic Indicators
Friday, Sept 19th
ALL DAY Monthly OPEX
Seasonality Update
S&P 500 Seasonal Bias (Monday, Sept 15th)
- Bull Win Percentage: 54%
- Profit Factor: 0.70
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, Sept 16th)
- Bull Win Percentage: 72%
- Profit Factor: 2.20
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, Sept 17th)
- Bull Win Percentage: 43%
- Profit Factor: 0.63
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, Sept 18th)
- Bull Win Percentage: 36%
- Profit Factor: 0.71
- Bias: Leaning Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, Sept 19th)
- Bull Win Percentage: 36%
- Profit Factor: 0.30
- 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 10 for 10 times (20 for 20 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: 25 Trades
September Record: 36/36 Units
Monday, Sept 8th
SPY Put Credit Spread (2x Multiple @ $647 / $646) 🟢
QQQ Put Credit Spread (2x Multiple @ $577 / $576) 🟢
Tuesday, Sept 9th
SPY Put Credit Spread (1x Multiple @ $647 / $646) 🟢
QQQ Put Credit Spread (1x Multiple @ $577 / $576) 🟢
Wednesday, Sept 10th
SPY Put Credit Spread (2x Multiple @ $651 / $650) 🟢
QQQ Put Credit Spread (2x Multiple @ $580 / $579) 🟢
Thursday, Sept 11th
SPY Put Credit Spread (3x Multiple @ $653 / $652) 🟢
QQQ Put Credit Spread (3x Multiple @ $581 / $580) 🟢
Friday, Sept 12th
SPY Put Credit Spread (2x Multiple @ $656 / $655) 🟢
QQQ Put Credit Spread (2x Multiple @ $584 / $583) 🟢
Times I Broke My Trading System & Lost
849 *
* 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!
Both of these trades hit if held until close -- 6 total units!
Both of these trades hit if held until close -- 4 total units!
