TODAY IN THE MARKET – WED 09/05

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Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 09/06” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 index extended its slide as the second round of trade talks between the U.S. and Canada remain in focus. Both the countries resumed their trade talks in an (more…)

S&P 500 OUTLOOK for WED 09/05

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Bull Consolidation Week? Day 2 Our S&P 500 Index forecast for yesterday, Tue 09/04, stated: “Models indicate that there is no risk to the current bull run while the index is above 2885″ (click here to read the full text to verify this claim). The index indeed followed this with the session’s low registered at (more…)