Merry Christmas!
Key Weekly Performance Stats:
- S&P 500: +0.10%
- Nasdaq 100: +0.59%
- Russel 2000: +0.16%
- Bitcoin: -2.42%
Last week, stocks chopped around, with early weakness giving way to a late-week bounce. Big tech did most of the heavy lifting, helping the S&P 500 and Nasdaq grind out modest gains, while the Dow and small caps lagged. Triple witching added some extra noise, but the overall feel was cautious optimism rather than full risk-on.
Macro-wise, the calendar stayed busy. Retail sales kicked things off, followed by S&P Global’s flash PMIs that hinted at cooling momentum. Inflation and the labor market shared the spotlight later in the week, keeping the “soft landing vs. slowdown” debate alive, while housing data reminded everyone that higher rates are still a headwind. Net result: nothing broke, but nothing fully convinced the market either.
Looking ahead to next week, it is shortened and front-loaded. Tuesday does most of the work with GDP, consumer confidence, durable goods, housing construction, and industrial production all hitting before the holiday lull. Markets close early Wednesday and stay shut Thursday for Christmas, so expect lighter volume, sharper moves, and plenty of year-end positioning as traders try to squeeze out a final win before the calendar flips. 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)
Market Events
Monday, Dec 22nd
None
Tuesday, Dec 23rd
08:30 AM ET GDP QoQ (Q3)
08:30 AM ET Durable Goods MoM & YoY (Oct)
10:00 AM ET Consumer Confidence (Dec)
Wednesday, Dec 24th
08:30 AM ET Initial Jobless Claims
01:00 PM ET Market Closes Early (Christmas Eve)
Thursday, Dec 25th
ALL DAY Market Closed (Merry Chirstmas!)
Friday, Dec 26th
None
Seasonality Update
S&P 500 Seasonal Bias (Monday, Dec 22nd)
- Bull Win Percentage: 68%
- Profit Factor: 2.09
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, Dec 23rd)
- Bull Win Percentage: 64%
- Profit Factor: 3.58
- Bias: Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, Dec 24th)
- Market Closes @ 1:00pm ET
- Bull Win Percentage: 46%
- Profit Factor: 1.42
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, Dec 25th)
- Market Closed (Merry Christmas!)
S&P 500 Seasonal Bias (Friday, Dec 26th)
- Bull Win Percentage: 44%
- Profit Factor: 0.46
- 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: 39 Trades
December Record: 46/46 Units
Monday, Dec 15th
SPY Put Credit Spread (2x Multiple @ $678 / $677) 🟢
QQQ Put Credit Spread (2x Multiple @ $608 / $607) 🟢
Tuesday, Dec 16th
SPY Put Credit Spread (2x Multiple @ $676 / $675) 🟢
QQQ Put Credit Spread (2x Multiple @ $606 / $605) 🟢
Wednesday, Dec 17th
SPY Call Credit Spread (2x Multiple @ $682 / $683) 🟢
QQQ Call Credit Spread (2x Multiple @ $614 / $615) 🟢
Thursday, Dec 18th
SPY Put Credit Spread (2x Multiple @ $675 / $674) 🟢
QQQ Put Credit Spread (2x Multiple @ $606 / $605) 🟢
Friday, Dec 19th
SPY Put Credit Spread (2x Multiple @ $676 / $675) 🟢
QQQ Put Credit Spread (2x Multiple @ $611 / $610) 🟢
Random Piper Attack Count
83 *
* 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 $1.40/ea and were bought back at $0.20/ea -- THIS MEANS MY REALIZED GAIN WAS $1,200!
Both of these trades hit if held until close -- 4 total units!
These PCS's were sold at $0.45/ea and were bought back at $0.40/ea -- THIS MEANS MY REALIZED GAIN WAS $60!
These PCS's were sold at $1.70/ea and were bought back at $0.20/ea -- THIS MEANS MY REALIZED GAIN WAS $1,500!
Both of these trades hit if held until close -- 4 total units!
These CCS's were sold at $1.00/ea and were bought back at $0.10/ea -- THIS MEANS MY REALIZED GAIN WAS $540!
