Trick or Treat?!
Key Weekly Performance Stats:
- S&P 500: +1.92%
- Nasdaq 100: +2.18%
- Russel 2000: +2.20%
- Bitcoin: +4.30%
Last week, stocks surged, riding a wave of cooler inflation data and upbeat business surveys. The S&P 500, Nasdaq, and Dow all closed the week at record highs after September’s CPI came in at 0.3% month-over-month and 3.0% year-over-year. This result was right in the sweet spot for investors hoping the Fed stays on pause. A strong batch of tech and financial earnings added fuel to the rally, helping traders shake off weeks of rate jitters and macro noise.
On the economic side, the delayed CPI release confirmed inflation continues to ease, while flash PMIs showed both manufacturing and services staying in growth mode. Still, not everything was rosy. Consumer sentiment dipped slightly in the University of Michigan’s final October reading, a reminder that households are still feeling cautious even as markets power higher.
Looking ahead, the last week of October is loaded. Consumer Confidence hits Tuesday, followed by the Fed’s two-day policy meeting midweek. Thursday brings the first estimate of Q3 GDP, and Friday wraps up with the Employment Cost Index, September’s Personal Income and Spending data, and the Chicago PMI. 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, Oct 27th
Evening: Waste Management
Tuesday, Oct 28th
Morning: PayPal, SoFi, UnitedHealth Group & UPS
Evening: Visa
Wednesday, Oct 29th
Morning: Boeing, Caterpillar, CVS & Verizon
Evening: Alphabet, Carvana, Chipotle, Meta, Microsoft & Starbucks
Thursday, Oct 30th
Morning: Lilly, Merck & Roblox
Evening: Apple, Amazon, Coinbase, Reddit , Riot & Strategy
Friday, Oct 31st
Morning: Chevron & ExxonMobil
Market Events
Monday, Oct 27th
08:30 AM ET Durable Goods (Sep)
10:00 AM ET New Home Sales (Sep)
Tuesday, Oct 28th
10:00 AM ET Consumer Confidence (Oct)
Wednesday, Oct 29th
10:30 AM ET Crude Oil Inventories
02:00 PM ET Fed Interest Rate Decision
02:30 PM ET Fed Chair Powell Speech
Thursday, Oct 30th
08:30 AM ET GDP QoQ (Q3)
08:30 AM ET Initial Jobless Claims
09:14 AM ET ECB Rate Decision (Oct)
Friday, Oct 31st
06:00 AM ET Eurozone CPI MoM & YoY (Oct)
08:30 AM ET PCE Price Index MoM & YoY (Sep)
08:30 AM ET Chicago PMI (Oct)
Seasonality Update
S&P 500 Seasonal Bias (Monday, Oct 27th)
- Bull Win Percentage: 46%
- Profit Factor: 0.65
- Bias: Leaning Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, Oct 28th)
- Bull Win Percentage: 61%
- Profit Factor: 2.74
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, Oct 29th)
- Bull Win Percentage: 61%
- Profit Factor: 1.39
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, Oct 30th)
- Bull Win Percentage: 50%
- Profit Factor: 1.00
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Friday, Oct 31st)
- Bull Win Percentage: 60%
- Profit Factor: 1.57
- 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 8 for 8 times (14 for 14 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: 19 Trade
October Record: 46/48 Units
Monday, Oct 20th
No Signal Produced
Tuesday, Oct 21st
SPY Put Credit Spread (2x Multiple @ $669 / $668) 🟢
QQQ Put Credit Spread (2x Multiple @ $609 / $608) 🟢
Wednesday, Oct 22nd
SPY Call Credit Spread (1x Multiple @ $673 / $674) 🟢
QQQ Call Credit Spread (1x Multiple @ $612 / $613) 🟢
Thursday, Oct 23rd
SPY Put Credit Spread (2x Multiple @ $667 / $665) 🟢
QQQ Put Credit Spread (2x Multiple @ $604 / $603) 🟢
Friday, Oct 24th
SPY Put Credit Spread (2x Multiple @ $675 / $674) 🟢
QQQ Put Credit Spread (2x Multiple @ $615 / $614) 🟢
Swiss Chocolates Consumed
42 *
* 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!
These PCS's were sold at $0.60/ea and were bought back at $0.30/ea -- THIS MEANS MY REALIZED GAIN WAS $360!
