Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Friday, 09/14” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Gapping higher at the open on the back of falling yields, the S&P 500 index managed to maintain the day’s gains as Technology stocks rebounded from the previous session’s slump. Gains, (more…)
The New Battle for Territory Continues – Day 4 Our intraday models’ trading plan for Wed, 09/12, published before the markets opened, stated: “For today’s regular session, the medium term models indicate an “indeterminate” bias and waiting for a daily close above 2893 or below 2863 to take any directional trades” (click here to read the (more…)
