Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 08/23” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The U.S. stock market has registered its longest bullish run on record. The S&P 500 index however ended its four days streak of gains that had lifted the index higher to (more…)
Court Verdict, Guilty Plea and Implication, Raucous Rally, Fed Minutes…Enough to Spook the Markets? Our forecast of imminent new record highs has come true on Day 2 – yesterday – with the S&P 500 Index registering a new high of 2873.23. But, with the domestic political temperatures weathering(?), what otherwise could be a tsunami, with (more…)
