TODAY IN THE MARKET – WED 10/10

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Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 10/11” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) In its worst day since February 8, 2018, a dramatic sell-off in equities alongside rising Treasury yields dragged the S&P 500 index down to breach key technical support level of 100 (more…)

S&P 500 OUTLOOK for WED 10/10

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Stay Patient and Be Safe – Don’t Play with Choppy Markets Our models have declared “neutral bias” last week and continue to sport it until the indicated range is broken out of. Yields, so far, have failed to prove to be the major catalyst needed to push the markets out of this range decisively. Despite (more…)