Earnings to Further Feed or Trip The Bulls on Thursday? Our S&P 500 Index forecast for Wednesday (07/25/18) – published Tuesday night – stated: “Indications are for continued bullishness in the markets while the index is above 2810. For Wednesday 07/25, if the index closes above 2830, it would indicate accelerating bullishness in the market.” (more…)
Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 07/26” will be posted Wed, 07/25 night – please check back around 10:30pm/11pm EDT. THE GIST (“THE WHAT”) Gaining solidly for the third straight day and driven primarily by strong quarterly earnings, the index closed near January 25 highs at 2846.07, up 25.67 (more…)
Model Positions – Wednesday, 07/25/18 Based on the S&P 500 Index Models’ outlook, forecast, and trading plans for Wednesday – published Tuesday 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 Wednesday, medium-term models indicate (more…)
Earnings to Continue to Feed the Bulls to Further Strength? Out S&P 500 Index forecast for Tuesday (07/23/18) – published Monday night – stated: “For Tuesday 07/24, if the index closes above 2816, it would indicate recovering bullishness in the market” (click here to read/verify this statement). The index closed at 2820.40 – above the (more…)
