Time To Buy This Turkey?!
Key Weekly Performance Stats:
- S&P 500: -1.63%
- Nasdaq 100: -3.09%
- Russel 2000: -1.76%
- Bitcoin: -5.72%
Last week, markets spent the week drifting downwards as investors secured their profits after October’s rally. The Nasdaq logged its worst week since spring, the S&P 500 slipped about one and a half percent, and the Dow fell just over one percent. Economic data painted a split picture: services showed steady expansion while manufacturing stayed stuck in contraction. The tone was one of hesitation—optimism in some corners, but not enough to keep momentum going as yields bounced and big tech cooled off.
The consumer side added more uncertainty. The University of Michigan’s sentiment survey fell sharply to its lowest level since 2022, showing households are feeling the pinch from higher prices and lingering rate anxiety. Many major government releases were delayed by the federal shutdown, leaving traders to rely on private data and market tone rather than hard numbers. With limited information and rising doubts, the week felt like one big holding pattern.
Looking ahead to next week, Tuesday’s Veterans Day will keep stock markets open but close the bond market. The focus turns to the NFIB Small Business Optimism Index, weekly jobless claims, and—if the shutdown ends—October’s CPI and PPI reports. Expect a choppy market, reacting more to tone and headlines than to data that may or may not arrive on schedule. As always, respect your risk and stick to your trading plan. Godspeed.
Thicc Kohrs
P.S. The official Goonie Discord is live! (FREE Access w/ code GOONIE: https://bit.ly/GoonieGroup)
Earnings
Monday, Nov 10th
Evening: BigBear.AI, CoreWeave, OXY & Rigetti
Tuesday, Nov 11th
Evening: OKLO
Wednesday, Nov 12th
Morning: Circle
Evening: Cisco
Thursday, Nov 13th
Morning: Disney
Friday, Nov 14th
None
Market Events
Monday, Nov 10th
None
Tuesday, Nov 11th
None
Wednesday, Nov 12th
01:00 PM ET 10-Year Note Auction
Thursday, Nov 13th
08:30 AM ET CPI MoM & YoY (Oct) (Maybe)
08:30 AM ET Initial Jobless Claims (Maybe)
01:00 PM ET 30-Year Bond Auction
Friday, Nov 14th
08:30 AM ET PPI MoM & YoY (Oct) (Maybe)
08:30 AM ET Retail Sales MoM & YoY (Oct) (Maybe)
Seasonality Update
S&P 500 Seasonal Bias (Monday, Nov 10th)
- Bull Win Percentage: 57%
- Profit Factor: 1.37
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, Nov 11th)
- Bull Win Percentage: 32%
- Profit Factor: 0.11
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, Nov 12th)
- Bull Win Percentage: 54%
- Profit Factor: 1.61
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, Nov 13th)
- Bull Win Percentage: 57%
- Profit Factor: 2.10
- Bias: Leaning Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, Nov 14th)
- Bull Win Percentage: 54%
- Profit Factor: 1.27
- Bias: Neutral
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 4 for 4 times (8 for 8 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: 9 Trades
October Record: 62/66 Units
November Record: 8/8 Units
Monday, Nov 3rd
SPY Call Credit Spread (2x Multiple @ $686 / $687) 🟢
QQQ Call Credit Spread (2x Multiple @ $636 / $637) 🟢
Tuesday, Nov 4th
SPY Call Credit Spread (2x Multiple @ $680 / $681) 🟢
QQQ Call Credit Spread (2x Multiple @ $627 / $628) 🟢
Wednesday, Nov 5th
No Signal Produced
Thursday, Nov 6th
No Signal Produced
Friday, Nov 7th
No Signal Produced
Times With No Internet & Market Dove Off A Cliff
2 (Very Painful)*
* 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 missed.Both of these trades hit if held until close -- 4 total units!
SPY hit & QQQ missed.
These CCS's were sold at $0.80/ea and were bought back at $0.30/ea -- THIS MEANS MY REALIZED GAIN WAS $1,500!!!
