Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 11/09” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Pulling back from the previous session’s strong post-election relief rally, the S&P 500 index ended its three-day winning streak as investors turned their attention to FOMC policy statement release looking for (more…)
Imminent Washington Dysfunction – Freedom or Chaos for Businesses? With the legislature now split between the Republicans and the Democrats, the certain thing is that there is going to be legislative gridlock and dysfunction in Washington, DC. Lack of forceful and clear legislation has always been a good thing for businesses – generally speaking – (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 11/08” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The closely watched midterm elections concluded with the Democrats taking control of the U.S. House of Representations and Republicans retaining control of the Senate. While the result was highly expected, a (more…)
