Potential Stalemate between the Bulls and Bears! Geopolitical/Macro Event(s) now Hold Sway! On Friday, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all last week, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday Alert published on (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Wed, 07/11” – please check back later (usually published around 9:30pm/10:00pm EDT on Tue). S&P 500 TODAY – TUE 07/10 THE GIST (“THE WHAT”) With no major news headlines on the trade war front, the S&P 500 extended its recent rally for the fourth session (more…)
Bulls Settled In Full Force, Driving the Bears Into Hiding! On Friday, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all last week, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday Alert published on Friday (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Tues, 07/10” – please check back later (usually published around 9:30pm/10:00pm EDT on Mon). S&P 500 TODAY – MON 07/09 THE GIST (“THE WHAT”) Extending last week’s optimism and rallying strongly for the third straight day, the S&P 500 index opened with significant gains as (more…)
Following our last INTRADAY UPDATE this morning around 11am EDT, the S&P 500 Index moved even higher and reached a session high of 2783.68 – thus approaching the 2775-85 level that we mentioned in our forecast. (click here for the forecast/trading plan)The trailing stops our models instituted have accordingly adjusted the stop trigger higher: now (more…)
We have recently decided to publish the “WHAT and HOW” series of articles after receiving queries about some of the terms we routinely use in our forecasts and trading plans. While we intend to help the readers who may not be familiar with the various trading related terms and concepts and tools/order types, we encourage (more…)
In the trading plan for today – published last night – you read: “If the current long is intact and if the index rises above 2770, put a trailing stop for 12 points and let the position ride or the stop get hit for a profit.” (click here for the full report)Within less than an hour (more…)
Bulls Got Bolder and Prevailed into the Last Weekend! Bears only Hope is a Geopolitical Event? On Friday, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts for the last four days and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to (more…)
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…)
