Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 10/04” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Upbeat economic data, coupled with the easing of fears of a clash between Italy and European Union lifted the S&P 500 index near a striking distance away from the September 21 (more…)
S&P 500 OUTLOOK for WED 10/03
Today’s ISM Data to Help The Restless Bull Break Out? Despite the news headlines including the “new-NAFTA”, Tesla’s settlement with the SEC, new CEO at GE lifting the markets in the overnight futures and into the morning session, the S&P 500 Index could not break out of the range our models indicated on Monday, 10/01! (more…)