S&P 500 THE GIST (“THE WHAT”) The S&P 500 index extended Monday’s gains in the early morning session as Technology sector outperformed and investors shrugged off trade war and geopolitical tensions for now. Weakness in the Financials and Consumer staples sectors however weighed down on the index, dragging it to reach day’s low at 2739.51, (more…)
You read it here in the forecast for today, published last night: “Medium term models are biased against short selling, and are cautious about opening fresh long buying. For Tuesday, the models indicate staying flat below 2753, and buying within 2753-55 range with tight stops.”And, the index reached as high as 2752.61 in today’s session so far – just 0.39 (more…)
