TODAY IN THE MARKET – THU 10/04

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Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 10/05” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) In a typical risk-off move, investors shunned equities and piled up on Treasury bonds, sparking a rally in yields. The 10-year Treasury yield spiked to a 2011 high, resulting in a (more…)

S&P 500 OUTLOOK for THU 10/04

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Yields, USD, Initial Jobless Claims, Durable Goods…Back To Basics? Despite the news headlines seemingly rattling the markets – up and/or down – the S&P 500 Index hasn’t moved even a couple of points from where it opened the month of October! Our models have declared “neutral bias” this week and continue to sport it until (more…)