Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Friday, 09/07” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P 500 index extended its slide as Technology stocks weakened for the third consecutive day. Energy stocks led the index lower alongside a sharp fall in oil prices on concerns (more…)
Bull Consolidation Week? Day 3 Our S&P 500 Index intraday models’ indicated on Friday, 08/31, that they see bull consolidation ahead. And, the index indeed did not have much movement that day, and it closed just 0.39 points above previous day’s close. We reiterated that call for the new trading week yesterday, Tue, 09/04 – the (more…)
