Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 08/14” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) The S&P 500 index rose modestly higher at the open led by a rally in Nielsen Holdings and tech-giants Apple Inc. and Twitter Inc. The index however reversed early gains as (more…)
Model Positions Based on The Forecast/Trading Plan Published Before the Market Open – MON 08/13: 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 Monday’s regular session, the medium term models indicate going long on a break above the index level of 2860, with a 10-point (more…)
Day 4 of Geopolitical Events and Currency Markets? Don’t Jump the Gun…Especially if Shorting! In our forecast for Friday, 08/10, we wrote regarding the Turkey’s currency crisis: “How well and how fast this crisis is contained (fully or limited to just Turkey) is going to be the main factor that would determine the probability of (more…)
