Wicked New Records!
Key Weekly Performance Stats:
- S&P 500: +1.22%
- Nasdaq 100: +2.22%
- Russel 2000: +2.31%
- Bitcoin: -0.36%
Last week, markets started off strong, with the S&P 500 and Nasdaq hitting record closes on Monday thanks to Alphabet’s rally and Oracle’s standout earnings. Data was light early, but softer August import/export prices on Tuesday suggested cooling inflation. Still, everyone was just waiting for the Fed.
The main event came Wednesday as the Fed delivered its first rate cut of 2025, trimming a quarter point while bumping GDP forecasts to 1.6%. Stocks rallied across the board, powered by strength in tech and housing. Job turnover data on Thursday confirmed hiring remained steady, keeping the optimism alive despite trade jitters.
Friday’s state employment report showed unemployment holding firm, rounding out a solid week. The S&P gained about 1.2%, the Nasdaq jumped 2.2%, and the Russell closed higher too—a Fed-fueled rally with tech momentum carrying the load.
Looking ahead to next week, it is a heavier data slate: Q2 international transactions on Tuesday, flash PMIs on Wednesday, the final Q2 GDP estimate Thursday, and Friday’s big one—personal income and spending with the Fed’s preferred inflation gauge, PCE—alongside September consumer sentiment. No Fed fireworks or holidays, just data driving the tape. As always, stick to your trading plan and respect 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 22nd
None
Tuesday, Sept 23rd
Morning: AutoZone
Evening: Micron
Wednesday, Sept 24th
None
Thursday, Sept 25th
Morning: Accenture, BlackBerry & CarMax
Evening: Costco
Friday, Sept 26th
None
Market Events
Monday, Sept 22nd
None
Tuesday, Sept 23rd
09:45 AM ET S&P Global Manufacturing & Services PMI (Sep)
12:35 PM ET Fed Chair Powell Speech
Wednesday, Sept 24th
10:00 AM ET New Home Sales (Aug)
10:30 AM ET Crude Oil Inventories
Thursday, Sept 25th
08:30 AM ET GDP QoQ (Q2)
08:30 AM ET Durable Goods MoM & YoY (Aug)
08:30 AM ET Initial Jobless Claims
10:00 AM ET Existing Home Sales (Aug)
Friday, Sept 26th
08:30 AM ET PCE Price Index MoM & YoY (Aug)
08:30 AM ET Personal Income & Spending MoM & YoY (Aug)
10:00 AM ET Consumer Sentiment
Seasonality Update
S&P 500 Seasonal Bias (Monday, Sept 22nd)
- Bull Win Percentage: 37%
- Profit Factor: 0.69
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, Sept 23rd)
- Bull Win Percentage: 41%
- Profit Factor: 0.62
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, Sept 24th)
- Bull Win Percentage: 48%
- Profit Factor: 0.58
- Bias: Leaning Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, Sept 25th)
- Bull Win Percentage: 54%
- Profit Factor: 1.31
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Friday, Sept 26th)
- Bull Win Percentage: 58%
- Profit Factor: 1.48
- 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 6 for 6 times (10 for 10 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: 31 Trades
September Record: 46/46 Units
Monday, Sept 15th
SPY Put Credit Spread (2x Multiple @ $658 / $657) 🟢
QQQ Put Credit Spread (2x Multiple @ $587 / $586) 🟢
Tuesday, Sept 16th
SPY Call Credit Spread (1x Multiple @ $662 / $663) 🟢
QQQ Call Credit Spread (1x Multiple @ $593 / $594) 🟢
Wednesday, Sept 17th
No Signal -- FOMC Day
Thursday, Sept 18th
SPY Put Credit Spread (2x Multiple @ $660 / $659) 🟢
QQQ Put Credit Spread (2x Multiple @ $592 / $591) 🟢
Friday, Sept 19th
No Signal -- Quad Witching
Wicked Curses Sent My Way
3.7 *
* 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!
