TODAY IN THE MARKET – MON 09/17

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Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 09/18” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Weighed down by trade tensions, the S&P 500 index pulled back from its 5-day winning streak, falling back within the trading range it was confined to for a while. Opening lower (more…)

S&P 500 OUTLOOK for MON 09/17

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GapUp of Thursday – Bulls’ Score or Bull Trap? Our intraday models’ trading plan for Thu, 09/14, published before the markets opened, stated: “The index yesterday started the regular session with a gap up much above this 2895 level with a close of 2904.18, but our models are not embracing a bullish bias on this (more…)