This is fine.. right?
Key Weekly Performance Stats:
- S&P 500: -0.61%
- Nasdaq 100: -1.62%
- Russel 2000: -0.79%
- Bitcoin: +0.30%
Wall Street finished lower after a volatile week driven by surging oil prices, rising Treasury yields and renewed concerns about how much Big Tech is spending on AI. The NDX fell 1.62%, while the S&P 500 lost 0.6%, the Dow slipped 0.4% and the Russell 2000 dropped 1.1%. Energy stocks were the clear winners as Brent crude briefly climbed above $100 before retreating to $96.78 on Friday.
The economic data was mixed but generally pointed to continued growth. The Conference Board’s Leading Economic Index declined 0.2% in June, while S&P Global’s July flash Composite PMI rose to 53.6, its strongest reading in eight months. June new-home sales increased to an annualized rate of 628,000, while the median selling price fell 2.7% from a year earlier. Earnings were less forgiving. Tesla sank after reporting weaker profits and negative free cash flow, Alphabet fell despite strong cloud growth after raising its AI spending forecast, and Intel dropped even after beating expectations. Trump said Friday that the U.S. and Iran were still talking, but warned that Tehran was not yet ready to reach a deal, keeping oil and geopolitical risk firmly in focus.
Next week starts with June durable-goods orders on Monday, followed by Conference Board consumer confidence on Tuesday. The Fed wraps up its two-day meeting Wednesday with its rate decision and press conference. Thursday brings the first estimate of second-quarter GDP, June personal income and spending, and the PCE inflation report. The Employment Cost Index closes out the week Friday. Microsoft, Meta, Amazon and Apple also headline a huge earnings slate, with investors closely watching AI spending and forward guidance. The NYSE is open on its normal schedule throughout the week. 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, July 27th
None
Tuesday, July 28th
Morning: Boeing, Coca Cola, PayPal & UPS
Evening: Ford & Visa
Wednesday, July 29th
Morning: SoFi
Evening: Chipotle, Lam Research, Meta, Microsoft & Robinhood
Thursday, July 30th
Morning: Mastercard
Evening: Apple, Amazon, Reddit & Roblox
Friday, July 31st
Morning: Chevron & Exxon Mobile
Market Events
Monday, July 27th
08:30 AM ET Durable Goods MoM & YoY (Jun)
Tuesday, July 28th
10:00 AM ET Consumer Confidence (Jul)
Wednesday, July 29th
10:30 AM ET Crude Oil Inventories
02:00 PM ET Fed Interest Rate Decision & Statement
02:30 PM ET Chair Warsh Press Conference
Thursday, July 30th
08:30 AM ET PCE Price Index MoM & YoY (Jun)
08:30 AM ET GDP QoQ (Q2)
08:30 AM ET Initial Jobless Claim
Friday, July 31st
09:345 AM ET Chicago PMI (Jul)
Seasonality Update
S&P 500 Seasonal Bias (Monday, July 27th)
- Bull Win Percentage: 46%
- Profit Factor: 0.92
- Bias: Neutral
Equity Curve -->
S&P 500 Seasonal Bias (Tuesday, July 28th)
- Bull Win Percentage: 61%
- Profit Factor: 1.61
- Bias: Leaning Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Wednesday, July 29th)
- Bull Win Percentage: 43%
- Profit Factor: 1.49
- Bias: Leaning Bullish
Equity Curve -->
S&P 500 Seasonal Bias (Thursday, July 30th)
- Bull Win Percentage: 46%
- Profit Factor: 0.56
- Bias: Bearish
Equity Curve -->
S&P 500 Seasonal Bias (Friday, July 31st)
- Bull Win Percentage: 50%
- Profit Factor: 0.90
- 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 5 for 6 times (10 for 12 total units) this past week.
Signal Accuracy: ~83%
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: 5 Trades
July Record: 46/52 Units
Monday, July 20th
SPY Put Credit Spread (2x Multiple @ $742 / $741) 🟢
QQQ Put Credit Spread (2x Multiple @ $697 / $696) 🔴
Tuesday, July 21st
No Signal Produced
Wednesday, July 22nd
SPY Put Credit Spread (2x Multiple @ $745 / $744) 🟢
QQQ Put Credit Spread (2x Multiple @ $702 / $701) 🟢
Thursday, July 23rd
No Signal Produced
Friday, July 24th
SPY Put Credit Spread (2x Multiple @ $737 / $736) 🟢
QQQ Put Credit Spread (2x Multiple @ $683 / $682) 🟢
Times The Market Personally Had It Out For Me
84 *
* 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!
Both of these trades missed.Both of these trades hit if held until close -- 4 total units!
These PCS's were sold at $1.00/ea and were bought back at $0.40/ea -- THIS MEANS MY REALIZED GAIN WAS $1,200!!!
