TODAY IN THE MARKET – MON 10/29

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Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 10/30” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Another wild session, following an extreme volatile last week took the S&P 500 index closer to a correction territory for the second time in 2018. Rebounding solidly at the open on (more…)

S&P 500 OUTLOOK for MON 10/29

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Wild Gyrations Ahead! Last week’s wild moves in the market point to the onset of potential regime change in the markets from the long bullish regime to a bearish one! Our models advise caution against getting into the markets on false spikes up. One needs to confirm the moves against key levels to enter into more (more…)