TODAY IN THE MARKETS – THURSDAY 07/12

Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Friday, 07/13” – please check back later (usually published around 9:30pm/10:00pm EDT on Thursday). S&P 500 TODAY – THURSDAY 07/12 THE GIST (“THE WHAT”) The S&P 500 index rebounded from Wednesday’s sell-off as Technology sector outperformed amid a lull in trade war. Trade war concerns (more…)

INTRADAY ALERT – THU – MODEL POSITIONS

INTRADAY ALERT – THU – MODEL POSITIONS Based on the S&P 500 Outlook/forecast published last night, here are the current positions held by our models: Medium-term/long-term Models FORECAST: “For Thursday, medium-term models indicate an indeterminate bias between 2760 and 2795. Above 2795, bulish bias, and bearish bias below 2760. Tight stops indicated in both the (more…)