TODAY IN THE MARKET – TUE 10/09

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Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 10/10” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) The S&P 500 index logged a four-day losing streak amid fears of rising interest rates. The 10-year Treasury yield pulled back slightly on registering an intraday high of 3.26%, but still (more…)

S&P 500 OUTLOOK for TUE 10/09

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Range Breakout to be Confirmed Today! Our models have declared “neutral bias” last week and continue to sport it until the indicated range is broken out of. Yields seem to be developing into the major catalyst needed to push the markets out of this range, on the downside. Despite the headlines on multiple fronts throughout (more…)