TODAY IN THE MARKET – THURSDAY 08/23

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Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Friday, 08/24” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P 500 index extended losses for the second day in row as trade tensions took center stage once again after the U.S. and China slapped each other with tit-for-tat tariffs. (more…)

S&P 500 OUTLOOK for THU 08/23

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The Bull Run Not Really Dented Much – Just Bull Consolidation? Our forecast of imminent new record highs has come true on Day 2 – on Tuesday – with the S&P 500 Index registering a new high of 2873.23. The financial markets have digested all the political headlines with poise and the bulls have barely (more…)