Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 08/29” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Charting new highs for the third straight session, the S&P 500 index crossed the 2900 mark for the first time, buoyed by Jerome Powell’s positive economic outlook last week coupled with (more…)
Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 08/28” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) The S&P 500 index registered record all-time highs for the second straight day as trade sensitive sectors rallied on optimism over the U.S. – Mexico trade deal. Opening significantly higher, the (more…)
This Bull Keeps Running Further and Farther! Investors Seem to Have No Choice but to Run With It Until It Drops! Our S&P 500 Index intraday models’ forecast and trading plan for Monday, 08/27, stated: “For today, Monday, the models would go long above 2878 and go short below 2750 – both with a tight, (more…)
