Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 08/08” will be posted by 7:30am/8:00am EDT, Wednesday. THE GIST (“THE WHAT”) Grinding towards its all-time peak, the S&P 500 index moved solidly higher for the fourth straight session. With no big story on trade war front, strong earnings took center stage at (more…)
Model Positions Based on The Forecast/Trading Plan Published Before the Market Open – TUE 08/07: Medium-term/long-term Investors Forecast/Trading Plan: (click here to read the full report/trading plan)The trading plan published this morning stated: “For Tuesday’s regular session, the medium term models indicate going long on a break above of 2852 from below. If the market opens (more…)
Day 3: The Chop-chop Train Chugging Along the Bulls To The January High and Beyond? This Week to Decide! Our forecast for the S&P 500 Index for yesterday, Monday, stated: “Our models continue to indicate the S&P 500 Index as being stuck in an “indeterminate” state, with no clear bias in either direction, while within (more…)
