Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Mon, 07/09” – please check back later. S&P 500 TODAY – FRI 07/06 THE GIST (“THE WHAT”) In a clear sell the rumor and buy the news situation, the S&P 500 index had its best day in a month even as trade tensions between U.S. (more…)
PROFITABLE MODEL POSITIONS UPDATE In the forecast for Friday – published just before the market open – we gave the trading plans that have triggered long positions (buy) on both the medium-term models as well as the intraday, agressive models! Click here to read the full trading plan. As per the forecast and the trading plan, (more…)
Bulls Got Bolder! Bears to Bank on Tradewar Fears? The S&P 500 Index Outlook for Tuesday – published Monday night – stated: “For Tuesday, the models continue to indicate the risk tilted towards a move up to test the 2735-45 region before further directional bias could pull the index in either direction”. (click here for the (more…)
