It's A Boy!!!
Key Weekly Performance Stats:
- S&P 500: +2.33% (New Record High)
- Nasdaq 100: +5.50% (New Record High)
- Russel 2000: +1.96% (New Record High)
- Bitcoin: +2.50%
Biggest news of the week on my end, my wife and I officially welcomed our baby boy into the world. Easily the best investment I’ve ever made!
Last week, markets posted another strong performance, with the S&P 500 and Nasdaq pushing to fresh highs again as traders kept piling into tech and AI names. A better-than-expected April jobs report helped fuel the move after payrolls came in solid while unemployment held steady. Treasury yields stayed relatively calm, which gave growth stocks room to run, and overall the market continued acting like it wants higher prices unless macro data seriously gets in the way.
Earnings season was still a major driver this week. AMD, Palantir, Disney, Uber, Coinbase, Shopify, McDonald’s, and several other big names all had market-moving reactions. Some companies delivered strong numbers and still sold off because expectations were already sky high, which has been the theme lately. Traders were also watching headlines tied to Iran and broader Middle East tensions as oil prices stayed active, while Trump remained in the news cycle with more tariff and election-related commentary starting to heat back up.
Looking ahead to next week, it's all about inflation data. CPI drops Tuesday, PPI follows Wednesday, and Thursday brings retail sales. Friday rounds things out with industrial production numbers. No NYSE holidays next week, so it should be a full week of action as traders try to figure out whether inflation is cooling enough to keep this rally going. As always, stick to your trading plan and respect your risk. Godspeed.
Thicc Kohrs
P.S. The official Goonie Trading Discord is LIVE!!! (https://bit.ly/GoonieDiscord)
Earnings
Monday, May 11th
Morning: Circle
Evening: Hims & Rigetti
Tuesday, May 12th
Morning: D-Wave
Evening: Oklo
Wednesday, May 13th
Morning: Alibaba
Evening: Cisco
Thursday, May 14th
Morning: Klarna
Evening: Rumble
Friday, May 15th
Morning: Alaska Airlines
Market Events
Monday, May 11th
10:00 AM ET Existing Home Sales (Apr)
Tuesday, May 12th
08:30 AM ET CPI MoM & YoY (Apr)
01:00 PM ET 10-Year Note Auction
Wednesday, May 13th
08:30 AM ET PPI MoM & YoY (Apr)
10:30 AM ET Crude Oil Inventories
01:00 PM ET 30-Year Bond Auction
Thursday, May 14th
08:30 AM ET Retail Sales MoM & YoY (Apr)
08:30 AM ET Initial Jobless Claim
Friday, May 15th
None
Seasonality Update
S&P 500 Seasonal Bias (Monday, May 11th)
- Bull Win Percentage: 50%
- Profit Factor: 0.87
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, May 12th)
- Bull Win Percentage: 50%
- Profit Factor: 0.66
- Bias: Leaning Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, May 13th)
- Bull Win Percentage: 50%
- Profit Factor: 1.47
- Bias: Leaning Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, May 14th)
- Bull Win Percentage: 57%
- Profit Factor: 2.41
- Bias: Leaning Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, May 15th)
- Bull Win Percentage: 61%
- Profit Factor: 2.41
- 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 0 for 0 times (0 for 0 total units) this past week.
Signal Accuracy: ~100%
Note: These signals are posted in real-time in the Goonie Trading Discord. You can join me today!!! Click Here!
Piper's Current Signal Streak: 4 Trades
May Record: 0/0 Units
Monday, May 4th
No Signal Produced
Tuesday, May 5th
No Signal Produced
Wednesday, May 6th
No Signal Produced
Thursday, May 7th
No Signal Produced
Friday, May 8th
No Signal Produced
Times I Became A Dad
1 *
* 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 -- 6 total units!
These PCS's were sold at $0.80/ea and were bought back at $0.30/ea -- THIS MEANS MY REALIZED GAIN WAS $1,000!!!
