TODAY IN THE MARKET – WED 09/26

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 09/27” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Opening on a positive note, the S&P 500 index held on to modest gains ahead of the keenly awaited FOMC policy decision. The gains were erased after the Federal Reserve increased (more…)

S&P 500 OUTLOOK for WED 09/26

Today, It’s All About the Interest Rates and the Fed Outlook! Our S&P 500 Index aggressive, intraday models’ Trading Plans for Tue, 09/25 – published before the markets opened – stated: “For today’s regular session, aggressive intraday models are indicating going long above 2933 or going short below 2914 – both with a 6-point trailing (more…)