Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Monday, 07/02” – please check back later (usually published around 9:30pm/10:00pm EDT on Sunday). S&P 500 TODAY – FRIDAY 06/29 THE GIST (“THE WHAT”) Brushing aside trade tensions, the S&P 500 index rallied at the open, with Financials sector in the lead following an upbeat (more…)
According to the forecast published last night (click here for the full report), our intraday/aggressive models went long (bought) the index futures overnight (our index models went long on the market open at 2727.13). As indicated in the intraday alert published this morning around 10:15am EDT (click here for the full alert), indications were for a (more…)
INTRADAY ALERT – FRI – MODEL POSITIONS PROFIT UPDATE In our S&P 500 OUTLOOK for FRI, published last night, you read: “For Friday, the aggressive/intraday models indicate indeterminate bias between 2720-2700 – stay flat between these levels. Above 2720, long bias with very tight stops/trailing stops (5 to 8 points, to make sure the models (more…)
