Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Wed, 08/01” will be posted Tue, 07/31 night – please check back around 10:30pm/11pm EDT. THE GIST (“THE WHAT”) The S&P 500 rebounded from a three-day streak of a Technology-led slump, supported by a rally in the Industrials as trade war concerns eased. Opening (more…)
Three Aggressive Intraday Trades So Far – Tuesday, 07/31/18 Based on the S&P 500 Index Models’ outlook, forecast, and trading plans for Tuesday – published Monday night – here are the current positions of the models. (click here to read/verify the full report and the quoted trading plans’ details) Medium-term/long-term Models Published Trading Plan: “For Tuesday, (more…)
The Bull-Bear Battle In the Shadows of The Economic Releases this Whole Week Our S&P 500 Index forecast for Friday (07/27/18) – published Thursday night – stated: “…If the index closes between 2840 and 2820, it would indicate consolidation of the bullishness. A close below 2810 would negate the current bullish strength” (click here to (more…)
Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Tue, 07/31” will be posted Mon, 07/30 night – please check back around 10:30pm/11pm EDT. THE GIST (“THE WHAT”) Falling for the third straight day as big cap FANG stocks extend their Facebook and Twitter induced sell-off, the S&P 500 index closed near session (more…)
Bull Consolidation or Bear Emergence? Our S&P 500 Index forecast for Friday (07/27/18) – published Thursday night – stated: “…If the index closes between 2840 and 2820, it would indicate consolidation of the bullishness. A close below 2810 would negate the current bullish strength” (click here to read/verify this claim). Friday, the index closed at (more…)
Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Mon, 07/30” will be posted Sun, 07/29 night – please check back around 10:30pm/11pm EDT. THE GIST (“THE WHAT”) Technology stocks extended their slide, weighing down on the S&P 500 index for the second straight day, overshadowing optimism following strong GDP data. Twitter released (more…)
Model Positions – Friday, 07/27/18 Based on the S&P 500 Index Models’ outlook, forecast, and trading plans for Friday – published Thursday night – here are the current positions of the models. (click here to read/verify the full report and the quoted trading plans’ details) Medium-term/long-term Models Published Trading Plan: “For Friday, the medium term models (more…)
The Market Bull Stood Its Ground Even With the Facebook Fiasco! Any Fight Still Left for Friday? Our S&P 500 Index forecast for Thursday (07/26/18) – published Wednesday night – stated: “For Thursday, 07/26, if the index closes above 2835, it would indicate accelerating bullishness in the market and the index would likely be testing (more…)
Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Fri, 07/27” will be posted Thursday, 07/26 night – please check back around 10:30pm/11pm EDT. THE GIST (“THE WHAT”) The S&P 500 index opened sharply lower after the disappointing quarterly result of closely watched Facebook Inc. dented investor confidence at the open. A dramatic (more…)
Model Positions – Thursday, 07/26/18 Based on the S&P 500 Index Models’ outlook, forecast, and trading plans for Thursday – published Wednesday night – here are the current positions of the models. (click here to read/verify the full report and the quoted trading plans’ details) Medium-term/long-term Models Published Trading Plan: “For Thursday’s regular session, medium-term models (more…)
