Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 09/12” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Surging oil prices ahead of a major hurricane that is expected to hit the Eastern coast led the S&P 500 index higher as investors brush aside trade related concerns for now. (more…)
Bulls Lost their Territory, Bears Yet to Gain It! It’s a New Battle! Our intraday models’ trading plan for Friday, 09/07, published before the markets opened, stated: “Our models did indeed pick up signals that the recent bullish trend might have been broken on Friday, and are waiting to determine if today’s (Mon, 09/10) market (more…)
